Top 5 news of the week April 1-7

LNG Prime brings you the five most popular news on our platform during the week of April 1-7, 2024.

1) Singapore’s Seatrium has secured a contract from Turkey’s Karpowership to convert three LNG carriers into floating storage and regasification units.

2) South Korea’s Samsung Heavy Industries has officially started building the third floating LNG production unit for Malaysian energy giant Petronas.

3) Indonesia’s Pertamina says that the Jawa-1 LNG-to-power project, which includes the 170,000-cbm Jawa Satu FSRU and a 1.76 GW power plant in the country’s West Java province, is ready to launch full operations.

4) Adnoc’s gas and LNG unit, Adnoc Gas, plans to plans to invest over $13 billion in domestic and international growth opportunities over the next five years.

5) Commodity trader Trafigura secured a loan worth about $560 million from two Japanese banks to supply liquefied natural gas (LNG) to a Japanese utility.

Most Popular

Yang Ming books LNG-powered containerships in South Korea

Taiwan’s Yang Ming Marine Transport has decided to order LNG dual-fuel container vessels from South Korea's Hanwha Ocean as part of its ongoing fleet optimization plan.

Sabah to take stake in Petronas’ third FLNG

SMJ Energy, owned by the Sabah government, has signed a heads of agreement with Malaysian energy giant Petronas to take a 25 percent stake in the latter's third floating LNG production unit.

Japan’s LNG imports drop in June

Japan’s liquefied natural gas (LNG) imports dropped by 2.8 percent in June compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.

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