Top 5 news of the week December 23-29

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 has filed for an initial public offering. The company also revealed plans to boost its export capacity to 104.4 mtpa via five projects by 2034.

2) Venture Global LNG has sent the first commissioning cargo from its Plaquemines plant in Louisiana to Germany.

3) Power companies Meralco PowerGen, Aboitiz Power, and San Miguel Global Power have received approval from the Philippines competition watchdog for their previously announced LNG-to-power transaction worth about $3.3 billion.

4) Chinese shipbuilder Hudong-Zhonghua has launched two 174,000-cbm liquefied natural gas (LNG) carriers.

5) UAE’s Adnoc has signed a deal with Thailand’s Gulf Energy Development to supply the latter with liquefied natural gas (LNG).

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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