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

Spot LNG shipping rates slightly up this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet rose slightly this week compared to the previous week.

Malaysia’s MHB bags new LNG carrier repair jobs

Malaysia Marine and Heavy Engineering (MHB) has secured new contracts to repair liquefied natural gas (LNG) carriers.

Nigeria LNG seals long-term gas supply deals

LNG producer Nigeria LNG, a joint venture of NNPC, Shell, TotalEnergies, and Eni, has signed six long-term gas agreements to secure supplies for its Bonny Island plant, including the terminal's expansion.

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MISC: LNG carrier charter rates to remain soft

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Santos CEO expects Papua LNG FID in early 2026

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Doosan clinches Dangjin LNG tank gig from Kogas

South Korea’s Doosan Enerbility has won a contract from compatriot LNG importer Kogas to build three new LNG storage tanks at the latter’s import terminal in Dangjin.

Nigeria LNG seals long-term gas supply deals

LNG producer Nigeria LNG, a joint venture of NNPC, Shell, TotalEnergies, and Eni, has signed six long-term gas agreements to secure supplies for its Bonny Island plant, including the terminal's expansion.