Top 5 news of the week November 27-December 3

LNG Prime brings you the five most popular news on our platform during the week of November 27-December 3, 2023.

1) Greek shipping giant Angelicoussis has secured long-term charters for almost all of the newbuild LNG carriers it has ordered in South Korea while the group also evaluates further opportunities to expand its large LNG fleet, according to CEO, Maria Angelicoussis, and deputy CEO, Sveinung Stohle.

2) German utility Uniper has to pay 550 million euros ($602 million) to a European energy firm following a ruling by an arbitration court over a long-term liquefied natural gas (LNG) contract concluded prior to the company’s spin-off in 2016.

3) Delfin Midstream, the US developer of a floating LNG export project in the Gulf of Mexico, has signed a long-term liquefied natural gas supply deal with a unit of Geneva-based energy and LNG trader, Gunvor.

4) The 153,600-cbm, Alexandroupolis, which will serve Gastrade’s FSRU-based LNG import terminal in Alexandroupolis, has left Singapore and is on its way to Greece, according to shipping data.

5) US LNG exporting giant Cheniere has signed a long-term deal with Austrian energy firm OMV to supply the latter with liquefied natural gas. OMV will receive the volumes via the Gate LNG import terminal in the Dutch port of Rotterdam where it holds capacity.

Most Popular

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.

Singapore LNG kicks off work on third jetty

State-owned LNG terminal operator Singapore LNG has officially kicked off the construction of a new LNG jetty, which will support the further growth of LNG bunkering in Singapore.

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