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

US approves financing for Mozambique LNG

The Export-Import Bank of the United States has approved financing for the TotalEnergies-led Mozambique LNG project.

Atlantic LNG shipping rates rise to four-month high

Atlantic LNG freight rates rose to $25,750 per day this week, while European prices also increased compared to the prior week.

Croatia completes new LNG pipeline

Croatia has completed the Zlobin-Bosiljevo gas pipeline as part of the capacity expansion project of the FSRU-based LNG import facility on the island of Krk.

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