Top 5 news of the week January 23-29

LNG Prime brings you the five most popular news on our platform during the week of January 23-29, 2023.

1) Spot charter rates for the global LNG carrier fleet are continuing to drop in both basins as vessel availability remains high, according to Spark Commodities.

2) Freeport LNG, the operator of the three-train 15 mtpa liquefaction plant in Texas, has secured approval from US FERC to start introducing LNG into the piping system at the plant.

3) Germany’s first FSRU-based import facility in Wilhelmshaven has received another liquefied natural gas (LNG) cargo from the US, according to shipping data.

4) Work has started on a new LNG jetty in Stade, Germany, which is expected to welcome the 170,000-cbm FSRU Transgas Force, owned by Dynagas, in winter 2023/2024.

5) Global Meridian Holdings, part of JP Morgan Asset Management, has recently taken delivery of one 174,000-cbm LNG carrier chartered by Shell.

Most Popular

Venture Global’s Plaquemines LNG seals new gas supply deal

Venture Global LNG’s Plaquemines LNG has signed a new natural gas sale and purchase deal with gas marketer Tenaska Marketing Ventures, according to a DOE filing.

Venture Global takes FID on CP2 LNG

US LNG exporter Venture Global LNG has taken a final investment decision (FID) on the first phase of its CP2 LNG project in Louisiana. The company also closed the $15.1 billion project financing, claiming that it represents the largest standalone project financing ever, and the second-largest project financing after the combined financings of Venture Global’s Plaquemines LNG.

Atlantic LNG shipping rates remain steady, European prices down

Atlantic spot LNG shipping remained steady this week, whilst European prices dropped compared to last week.

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