Top 5 news of the week June 16-22

LNG Prime brings you the five most popular news stories on our platform during the week of June 16-22, 2025.

1) US LNG exporter Venture Global LNG has received approval from the US FERC to increase the peak liquefaction capacity of its Calcasieu Pass LNG terminal in Louisiana.

2) South Korean shipbuilding giant Samsung Heavy Industries said it had terminated contracts for 10 ice-class Arc7 LNG carriers and seven shuttle tankers with Russia’s Zvezda. The shipbuilder will retain $800 million in advanced payments and seek further compensation for losses.

3) Energy giants QatarEnergy and ExxonMobil, along with their contractors, continue to advance construction on their massive Golden Pass LNG export facility in Texas.

4) Australia’s Woodside has signed a non-binding heads of agreement with Malaysia’s Petronas to supply the latter with liquefied natural gas (LNG) from its global portfolio. The deal may include supplies from Woodside’s Louisiana LNG project in the US.

5) US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

Most Popular

Shell’s LNG Canada achieves first LNG

LNG giant Shell has started production at the first liquefaction train at its LNG Canada export terminal in Kitimat, an LNG Canada spokesperson told LNG Prime on Sunday.

Atlantic LNG shipping rates jump to $49,750 per day

Atlantic spot LNG shipping rates rose to $49,750 per day this week, while European prices also jumped compared to the previous week.

India’s May LNG imports drop

India's liquefied natural gas (LNG) imports dropped by 15.3 percent year-on-year in May, preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell shows.

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