Top 5 news of the week May 1-7

LNG Prime brings you the five most popular news on our platform during the week of May 1-7, 2023.

1) US LNG firm Tellurian and compatriot engineering and construction giant Bechtel are moving forward with the initial construction work at the Driftwood LNG terminal in Louisiana.

2) Adnoc Gas, the new unit of UAE’s energy giant Adnoc, has signed a three-year LNG supply deal with a unit of France’s TotalEnergies worth up to $1.2 billion.

3) US LNG firm Tellurian is now expecting the development costs for the first phase of its Driftwood LNG export plant in Louisiana to reach $14.5 billion.

4) Energy trader Vitol reported higher liquefied natural gas (LNG) volumes for the last year due to higher demand in Europe.

5) US LNG exporter Cheniere has signed a long-term LNG sales and purchase agreement with an Asian firm and related to the planned expansion of its Sabine Pass facility in Louisiana.

Most Popular

Glenfarne still expects Texas LNG FID by end of this year

US energy firm Glenfarne confirmed it is targeting a final investment decision on its planned 4 mtpa Texas LNG export project in the port of Brownsville by the end of 2025 after the US FERC issued the final supplemental environmental impact statement for the project.

Kosmos: Tortue FLNG to hit full capacity in Q4

UK-based energy giant BP and its partners expect the 2.7 mtpa Golar FLNG Gimi, which serves the Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal, to reach its nameplate capacity in the fourth quarter of this year, according to US-based Kosmos Energy.

Equinor’s Hammerfest LNG back online after maintenance

Norwegian energy firm Equinor has resumed operations at its 4.3 mtpa Hammerfest LNG export plant following an extended maintenance shutdown, a spokesperson for Equinor told LNG Prime on Monday.

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