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.

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Venture Global gets FERC OK to boost Calcasieu Pass LNG capacity

US LNG exporter Venture Global LNG has received approval from the US FERC to increase the peak liquefaction capacity of its Calcasieu Pass LNG terminal in Louisiana.

Deutsche ReGas, German government reach deal on FSRU charter termination

LNG terminal operator Deutsche ReGas and Germany's Ministry for Economic Affairs and Energy have reached a mutual agreement on resolving the sub-charter agreement for the 174,000-cubic-meter FSRU Energos Power.

GasLog, Jiangnan ink LoI for LNG carrier duo

China’s Jiangnan Shipyard has signed a letter of intent with Greek LNG shipping firm GasLog to build two liquefied natural gas (LNG) carriers, according to shipbuilding sources.

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