Top 5 news of the week September 25-October 1

LNG Prime brings you the five most popular news on our platform during the week of September 25-October 1, 2023.

1) QatarEnergy and ExxonMobil released the latest construction update for their giant Golden Pass LNG export plant on the US Gulf Coast near Sabine Pass, Texas, as they work to launch the first train next year.

2) LNG giant QatarEnergy has signed a shipbuilding deal worth about $3.9 billion with South Korea’s HD Hyundai Heavy Industries for the construction of 17 174,000-cbm LNG carriers as part of the second phase of its giant shipbuilding program.

3) A unit of Warren Buffett’s Berkshire Hathaway has boosted its stake in the Cove Point liquefied natural gas (LNG) export terminal in Maryland after it completed the previously announced $3.3 billion deal with Dominion Energy.

4) German LNG terminal operator Deutsche ReGas is moving forward with its plans to produce green hydrogen in Lubmin.

5) TotalEnergies will continue to grow its LNG business as the demand for the fuel rises due to the transition from coal to natural gas, according to Patrick Pouyanne, CEO of TotalEnergies.

Most Popular

Venture Global’s Plaquemines LNG to commission third jetty

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce hazardous fluids to the third jetty at its Plaquemines LNG export plant in Louisiana.

Samsung Heavy, KR to develop three-tank LNG carrier

South Korean shipbuilder Samsung Heavy Industries signed a memorandum of understanding with compatriot classification society KR to jointly develop a 174,000-cbm LNG carrier featuring three cargo tanks.

Another FSRU arrives in Egypt

The 160,000-cbm FSRU Energos Eskimo has arrived in Egypt from Jordan, according to shipping data. The unit is one of four FSRUs that will serve a charter deal with Egypt's EGAS as the country seeks to meet its growing demand for natural gas.

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