Top 5 news of the week December 11-17

LNG Prime brings you the five most popular news on our platform during the week of December 11-17, 2023.

1) Japan’s shipping giant NYK is working with Namura Shipbuilding and Sasebo Heavy Industries to replace the main propulsion on steam turbine–driven Moss-type LNG carriers with a dual-fuel diesel engine.

2) Canada’s Pembina Pipeline and the Haisla Nation have postponed a final investment decision on their Cedar floating LNG export project.

3) Indonesia’s state-owned energy firm Pertamina said its 20-year LNG sale and purchase agreement with the Mozambique LNG project was terminated.

4) US LNG firm Tellurian, the developer of the Driftwood LNG export project in Louisiana, said on Friday that its co-founder and chairman, Charif Souki, will no longer serve as an executive or officer of the company or hold any managerial responsibilities.

5) US LNG exporter Venture Global LNG has completed raising the roof on the fourth and final storage tank at its Plaquemines LNG export plant in Louisiana.

Most Popular

Venture Global to introduce gas to 9th Plaquemines liquefaction block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the ninth liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

Shell’s LNG Canada moving forward with commissioning activities

Shell’s LNG Canada is moving forward with its commissioning and start-up phase and expects to receive a liquefied natural gas (LNG) cargo soon.

Atlantic LNG shipping rates climb to $20,000 per day

Atlantic LNG freight rates rose to almost $20,000 per day this week, while European prices continued to decrease.

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