Top 5 news of the week February 6-12

LNG Prime brings you the five most popular news on our platform during the week of February 6-12, 2023.

1) The energy crisis in Europe is a “multiyear issue” and governments will have to work faster to address the lack of natural gas supplies, according to Shell’s CEO, Wael Sawan.

2) TotalEnergies is “not in a hurry” to restart work on its giant $20 billion Mozambique LNG project, according to chief executive Patrick Pouyanne.

3) US LNG terminal developer NextDecade has entered into a deal to sell shares worth some $35 million as it looks to take a final investment decision on the first three trains of the Rio Grande LNG export project in Texas during the first quarter.

4) QatarEnergy and ExxonMobil continue to make progress in building their $10 billion Golden Pass LNG export plant on the US Gulf Coast near Sabine Pass, Texas.

5) A unit of US energy giant ExxonMobil has signed two long-term deals to buy liquefied natural gas from Mexico Pacific, the developer of the planned 14.1 mtpa Sonora LNG export project.

Most Popular

Cedar LNG gets OK for capacity boost

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, received approval to boost the capacity of its LNG project in Kitimat, on Canada’s West Coast.

Jera moving forward with Hawaii LNG plans

A unit of Japan's power firm and LNG trader, Jera, is moving forward with plans to build a $2 billion LNG-to-power project in Hawaii.

CMA CGM, Maersk eye more LNG-powered containership orders

France's CMA CGM and Denmark's Maersk are looking to order ultra-large LNG dual-fuel containerships at yards in China and South Korea, according to shipbuilding sources.
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