Top 5 news of the week July 31-August 6

LNG Prime brings you the five most popular news on our platform during the week of July 31-August 6, 2023.

1) French energy giant TotalEnergies and its partners in the $20 billion Mozambique LNG project are still in talks with the contractors regarding the cost terms of their contracts as they work to restart the project.

2) US exporter Venture Global LNG says it is “on track” to start construction later this year on its proposed CP2 LNG terminal in Louisiana after it received a positive final environmental impact statement.

3) UK-based energy giant BP is now expecting to launch the first phase of its Greater Tortue Ahmeyim FLNG project located offshore Mauritania and Senegal in the first quarter of 2024.

4) New Fortress Energy’s utilities and accommodation rig, Pioneer III, has arrived in Mexico to start serving the company’s first FLNG project off Altamira.

5) The 170,000-cbm FSRU Transgas Force, owned by Dynagas, has arrived in Germany’s Bremerhaven where it will be prepared for its upcoming job in Stade, according to Hanseatic Energy Hub.

Most Popular

Atlantic LNG shipping rates decrease this week

Atlantic spot LNG shipping rates dropped this week, while Pacific rates were flat compared to the week before, according to Spark Commodities.

Stabilis secures new approval for Galveston LNG project

Houston-based small-scale LNG player Stabilis Solutions has received a letter of recommendation (LOR) from the US Coast Guard for its planned Galveston liquefaction facility.

Russian LNG production up 10.7 percent in January-June

Russian liquefied natural gas (LNG) production rose 10.7 percent in the first six months of this year, according to the Russian statistics agency Rosstat.
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