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

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

MISC orders five more LNG carriers in China

Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.

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