Top 5 news of the week February 27-March 5

LNG Prime brings you the five most popular news on our platform during the week of February 27-March 5, 2023.

1) Golar LNG said it had secured an option to acquire a 148,000-cbm Moss-type LNG carrier which it aims to convert to a floating LNG producer.

2) Italian contractor Saipem is expecting to restart work on the TotalEnergies-led Mozambique LNG project in July this year, according to its chief executive officer Alessandro Puliti.

3) Malaysia’s energy giant Petronas and Argentina’s state-owned oil and gas company YPF are moving forward with their plans to develop a large LNG export project in Argentina, and they have signed an initial land lease deal with the port of Bahia Blanca in Buenos Aires.

4) UK-based small-scale player Avenir LNG has joined forces with energy trader Vitol to complete what it says is Germany’s first direct LNG unloading operation from a transport vessel into trucks.

5) US LNG player Sempra Infrastructure, a unit of Sempra, is expecting to take a final investment decision on the first phase of its proposed Port Arthur LNG project in Texas by the end of March.

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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