Top 5 news of the week August 19-25

LNG Prime brings you the five most popular news on our platform during the week of August 19-25, 2024.

1) US LNG firm NextDecade released the latest construction update for the first phase of its Rio Grande LNG export terminal in Texas.

2) Golar LNG’s unit Macaw Energies has launched its first small-scale liquefaction unit at a flare gas site in Texas.

3) Norwegian FSRU player Hoegh LNG says its focus remains on developing a new Dutch FSRU-based facility with VTTI, while the company is working on other projects as well.

4) NextDecade has halted plans for the proposed carbon capture and storage (CCS) project at its Rio Grande LNG export terminal in Texas.

5) Russian LNG exporter Novatek has delivered the second gravity-based structure platform from its yard near Murmansk to the site of the Arctic LNG 2 project located on the Gydan peninsula, according to reports.

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Atlantic LNG shipping rates, European prices down

Atlantic LNG freight shipping rates and European prices decreased this week compared to the week before.

Glenfarne becomes majority owner of Alaska LNG

US energy firm Glenfarne has signed definitive agreements with state-owned Alaska Gasline Development Corporation to become the majority owner of the giant Alaska LNG export project.

Petronas to supply LNG to PetroVietnam Gas

Malaysian energy giant Petronas will supply liquefied natural gas (LNG) to PetroVietnam Gas, a unit of state-owned PetroVietnam, next month. The two firms will also look into the possibility of signing long-term LNG contracts.

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