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

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

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