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

NFE says Altamira LNG offline due to mechanical issue

New Fortress Energy's Fast LNG (FLNG) project off Mexico’s Altamira is offline due to a mechanical issue with the facility’s gas turbine.

Venture Global seeks FERC OK to place first Plaquemines LNG phase in service

Venture Global's Plaquemines LNG is seeking approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

Atlantic LNG rates rise to $31,500 per day

Atlantic spot LNG shipping rates rose for the fifth week in a row, reaching $31,500 per day, according to Spark Commodities.

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