Top 5 news of the week August 5-11

LNG Prime brings you the five most popular news on our platform during the week of August 5-11, 2024.

1) India’s Swan Energy has revealed plans to sell its 2020-built 180,000-cbm FSRU, Vasant 1.

2) US LNG exporting giant Cheniere has signed a long-term deal to supply liquefied natural gas to Portuguese energy firm and LNG player Galp.

3) State-owned LNG giant QatarEnergy is looking to order a new batch of the world’s largest LNG carriers in South Korea, adding to the 18 QC-Max LNG carriers it booked at China’s Hudong-Zhonghua earlier this year, according to shipbuilding sources.

4) US construction and engineering firm Kiewit disclosed “thousands of pages of confidential information” regarding Venture Global LNG’s Plaquemines LNG terminal to a unit of energy giant Shell, according to LNG exporter Venture Global LNG.

5) Germany’s Meyer Werft has floated out the second of three LNG-powered vessels it is building for Disney Cruise Line, a unit of the US-based Walt Disney Company.

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Spot LNG shipping rates slightly up this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet rose slightly this week compared to the previous week.

Malaysia’s MHB bags new LNG carrier repair jobs

Malaysia Marine and Heavy Engineering (MHB) has secured new contracts to repair liquefied natural gas (LNG) carriers.

Nigeria LNG seals long-term gas supply deals

LNG producer Nigeria LNG, a joint venture of NNPC, Shell, TotalEnergies, and Eni, has signed six long-term gas agreements to secure supplies for its Bonny Island plant, including the terminal's expansion.

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