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

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.

Seatrium scores Excelerate FSRU conversion gig

Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from US FSRU player Excelerate Energy.

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