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

Poland’s Gaz-System revives plan for second Gdansk FSRU

Poland’s state-owned LNG terminal operator Gaz-System has revived its plan to add a second FSRU as part of the LNG import project in Gdansk Bay with a new non-binding call for interest.

Hanwha Engine completes first X-DF engine with VCR tech

South Korea's Hanwha Engine, a subsidiary of Hanwha, has completed what it claims is the world's first WinGD X-DF engine equipped with VCR (variable compression ratio) technology for LNG carriers.

Gunvor says its LNG business was main profit contributor in H1

Geneva-based trader Gunvor said that its LNG business was the main profit contributor in the first half of 2025, which has been "very challenging" due to a backdrop of a generally oversupplied oil market.

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