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

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

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