Top 5 news of the week December 25-31

LNG Prime brings you the five most popular news on our platform during the week of December 25-31, 2023.

1) Australian engineering firm Worley has secured a reimbursable engineering, procurement, and construction (EPC) contract for the first phase of Venture Global’s planned CP2 LNG terminal in Louisiana.

2) US LNG exporting giant Cheniere now plans to build two instead of three liquefaction trains as part of the Sabine Pass expansion project in Louisiana. Cheniere said the company is not reducing its growth ambition at Sabine Pass, and with this move it would achieve similar production with an optimized unit/cost footprint.

3) Shell’s huge Prelude FLNG located offshore Western Australia has shipped its first LNG cargo since August this year when it started scheduled maintenance.

4) Italy’s Eni has introduced the first gas into its Tango floating LNG (FLNG) facility moored in Congolese waters.

5) US LNG exporting giant Cheniere and compatriot Bechtel are moving forward with the construction work on the expansion phase at the Corpus Christi LNG export plant in Texas.

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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