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

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.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

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