Top 5 news of the week August 12-18

LNG Prime brings you the five most popular news on our platform during the week of August 12-18, 2024.

1) India’s Swan Energy has agreed to sell its 2020-built 180,000-cbm FSRU, Vasant 1, to Türkiye’s state-owned natural gas and LNG firm Botas.

2) A unit of German biofuels producer Verbio is seeking long-term and short-term authorization from the US Department of Energy to export bio-LNG via US small-scale liquefaction facilities mainly to Europe.

3) Chinese private shipyard Yangzijiang Shipbuilding has terminated shipbuilding contracts for two 175,000-cbm liquefied natural gas (LNG) carriers. The shipbuilder aims to resell the vessels.

4) South Korea’s HD Hyundai Heavy Industries has delivered one 174,000-cbm LNG carrier to compatriot shipowner Pan Ocean and charterer Shell.

5) Floating LNG player Golar LNG expects to enter into a yard EPC contract to convert its 148,000-cbm Moss-type carrier, Fuji LNG, into an MKII FLNG within the third quarter of this year.

Most Popular

Venture Global gets FERC OK to boost Plaquemines LNG capacity

US LNG exporter Venture Global LNG has received approval from the US FERC to boost the capacity of its Plaquemines LNG terminal in Louisiana to 27.2 mtpa.

Asyad Shipping sells LNG carrier

Oman's Asyad Shipping has sold a 2006-built steam liquefied natural gas (LNG) carrier, according to brokers.

First Rio Grande LNG tank taking shape

US LNG developer NextDecade continues to make progress on the first phase of its Rio Grande LNG export plant in Texas, including the first 180,000-cbm storage tank.

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Spot LNG freight rates slightly up, European prices down

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SeaKapital orders LNG bunkering duo

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GTT still expects more than 450 LNG carrier orders in next 10 years

French LNG containment giant GTT still expects more than 450 orders for large LNG carriers over the next ten years, according to GTT’s chief Philippe Berterottière.

Shizuoka Gas to buy US shale gas stake from Tokyo Gas

Japan’s city gas supplier and LNG importer, Tokyo Gas, has signed a memorandum of understanding to sell its stake in a US shale gas project to compatriot Shizuoka Gas.