Top 5 news of the week June 24-30

LNG Prime brings you the five most popular news on our platform during the week of June 24-30, 2024.

1) The US FERC has given the green light to Venture Global LNG for its proposed CP2 LNG project in Louisiana.

2) Argent LNG has secured land for its proposed LNG export terminal in Port Fourchon, Louisiana.

3) Singapore’s liquefied natural gas (LNG) bunkering sales reached a new record in May, according to Singapore’s Maritime and Port Authority.

4) South Korean conglomerate Hanwha has agreed to buy more shares in US LNG firm NextDecade to increase its stake in the developer of the Rio Grande LNG export terminal in Texas.

5) Saudi Arabia’s energy behemoth Aramco has signed a non-binding deal with US LNG exporter Sempra to buy liquefied natural gas from the second phase of the latter’s Port Arthur LNG export project in Texas.

Most Popular

Baker Hughes to buy Chart in $13.6 billion deal

US energy services firm Baker Hughes has entered into a definitive deal to buy compatriot LNG equipment maker Chart Industries. The transaction is worth $13.6 billion.

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.

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.

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