Top 5 news of the week July 17-23

LNG Prime brings you the five most popular news on our platform during the week of July 10-16, 2023.

1) US LNG firm Tellurian, the developer of the Driftwood LNG export project, said it had entered into a binding commitment letter with a fund of Blue Owl Real Estate Capital regarding the sale and leaseback of Driftwood land.

2) LNG giant Shell has signed a 12-year deal to supply liquefied natural gas to Morocco.

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

4) Cosco Shipping Heavy Industry in Shanghai said it had completed the conversion work on the FSRU which will serve the first Cyprus LNG import terminal in Vasilikos and the yard expects to deliver the unit “soon”.

5) A joint venture of JGC and Fluor has completed the module fabrication program for Shell’s giant LNG Canada project in Kitimat, British Columbia.

Most Popular

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Jera boosts Wheatstone LNG stake

Japan’s power firm and LNG trader, Jera, has strengthened its indirect stake in the Chevron-operated Wheatstone LNG project in Australia by acquiring additional shares.

Taiwan’s CPC makes progress with Alaska LNG deal

Taiwan’s CPC Corp is making progress on buying LNG and investing in the planned Glenfarne-led Alaska LNG project, according to Taiwan's economy ministry.

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