Top 5 news of the week December 16-22

LNG Prime brings you the five most popular news on our platform during the week of December 16-22, 2024.

1) US LNG exporter Venture Global LNG has started producing liquefied natural gas at its Plaquemines LNG export plant in Louisiana. With this, Plaquemines LNG becomes the eighth US LNG export facility.

2) The US Department of Energy has released its study on the economic and climate impacts of exporting increasing volumes of liquefied natural gas (LNG) from the US.

3) ETYFA’s converted FSRU, which will serve the first Cyprus LNG import terminal in Vasilikos, has finally left Cosco Shipping Heavy Industry’s yard in Shanghai.

4) Singapore’s Seatrium and Golar LNG have decided to let their third FLNG conversion contract lapse.

5) French LNG containment giant GTT believes the replacement market is poised for significant growth over the next decade, driven by the aging LNG fleet, the demand for greater efficiency, and increasingly stringent environmental regulations, according to CEO Jean-Baptiste Choimet.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

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