Top 5 news of the week January 15-21

LNG Prime brings you the five most popular news on our platform during the week of January 15-21, 2024.

1) Cosco Shipping Heavy Industry in Shanghai has delivered ETYFA’s converted FSRU which will serve the first Cyprus LNG import terminal in Vasilikos.

2) Mexico Pacific, the developer of the planned $14 billion Saguaro Energia LNG export project, has signed an additional long-term deal to supply liquefied natural gas to a unit of US energy giant ExxonMobil.

3) French energy giant TotalEnergies has initiated a force majeure process on the Novatek-operated Arctic LNG 2 project in Russia due to sanctions.

4) State-owned LNG giant QatarEnergy has signed a shipbuilding deal with China’s Hudong-Zhonghua for the construction of eight Q-Max LNG carriers as part of its shipbuilding program, according to shipbuilding sources.

5) South Africa’s Transnet National Ports Authority has appointed Dutch terminal operator Vopak and its consortium partner Transnet Pipelines to build and operate a liquefied natural gas (LNG) import facility at the Port of Richards Bay.

Most Popular

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.

Seatrium scores Excelerate FSRU conversion gig

Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from US FSRU player Excelerate Energy.

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