Top 5 news of the week February 24-March 2

LNG Prime brings you the five most popular news on our platform during the week of February 24-March 2, 2025.

1) Sempra Infrastructure, a unit of Sempra, expects to make a final investment decision on the second phase of its Port Arthur LNG export project in Texas in 2025.

2) US LNG exporting giant Cheniere plans to make a final investment decision to expand its giant Sabine Pass LNG plant in Louisiana in late 2026 or 2027, according to its management.

3) South Korea’s Samsung Heavy Industries has launched the hull of the third floating LNG production unit being built for Malaysian energy giant Petronas.

4) Market interest in Alaska LNG continues to accelerate “rapidly” following the agreement with US energy firm Glenfarne and President Trump’s executive order identifying Alaska LNG as a national priority, according to state-owned Alaska Gasline Development Corporation.

5) US FSRU player Excelerate Energy aims to buy a liquefied natural gas (LNG) carrier this year as part of its expansion plans.

Most Popular

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Shell’s LNG Canada expansion project to get boost from government

Canadian Prime Minister Mark Carney named the planned second phase of Shell's LNG Canada export project as one of the major projects the federal government would help fast-track.

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