Top 5 news of the week October 17-23

LNG Prime brings you the five most popular news on our platform during the week of October 17-23, 2022.

1) US LNG firm Sempra Infrastructure, a unit of Sempra, and compatriot engineering and construction firm Bechtel have executed the final EPC contract for the first phase of the proposed Port Arthur liquefaction project in Texas.

2) Portuguese energy firm and LNG player Galp said it may face additional sourcing disruptions after Nigeria LNG declared force majeure on shipments from its 22 mtpa Bonny Island plant due to flooding.

3) BW LNG’s FSRU, BW Paris, has recently rescued nine Indonesians from a raft at Makassar Strait in Indonesia.

4) Spark Commodities reported another record high for its Atlantic spot LNG freight rate due to a very tight market ahead of winter.

5) Paris-based LNG engineering giant Technip Energies has signed a deal to exit Novatek’s Arctic LNG 2 project in Russia within the first half of 2023.

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