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

Posco International, Glenfarne ink Alaska LNG pact

US energy firm Glenfarne and Posco International, a unit of South Korean steel producer Posco, have signed a deal to advance a strategic partnership for the development of the Alaska LNG project. This includes initial terms for a long-term heads of agreement for LNG supply.

Monkey Island LNG pens offtake MoU

Houston-based Monkey Island LNG, the developer of a 26 mtpa liquefaction and export facility in Cameron Parish, Louisiana, said it had signed a memorandum of understanding with an unidentified international oil company for the offtake of LNG.

Hudong-Zhonghua gets approvals for new LNG bunkering vessel

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a 25,000-cbm LNG bunkering vessel design it jointly developed with French LNG containment specialist GTT.

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