Top 5 news of the week January 27-February 2

LNG Prime brings you the five most popular news on our platform during the week of January 27-February 2, 2025.

1) Japan owns the world’s most valuable and largest fleet of LNG carriers, and the nation is followed by Greece and China, according to the newest data by Veson Nautical’s VesselsValue.

2) State-run Nigerian National Petroleum Corp and its partners plan to hold a groundbreaking ceremony for five small-scale LNG plants this week.

3) Argentina’s state-owned oil and gas company YPF is expected to announce new deals with European firms for the planned Argentina LNG export project in the upcoming weeks.

4) Freeport LNG, the operator of the 15 mtpa liquefaction plant in Texas, has resumed operations following a power outage.

5) US energy services firm Baker Hughes said it had secured an equipment order and a services agreement from compatriot LNG exporter Venture Global LNG.

Most Popular

TotalEnergies picks Daewoo E&C for Papua LNG contract

French energy giant TotalEnergies and its partners in the planned Papua LNG project in Papua New Guinea have selected South Korea’s Daewoo E&C as the preferred bidder for the EPCC of the project's central processing facility and well pads.

Golar eyes fleet of more than seven FLNGs

Floating LNG player Golar LNG has made a pathway to increase its FLNG fleet to over seven units after ordering its fourth unit and securing two more shipyard slots, according to CEO Karl Fredrik Staubo.

Atlantic spot LNG rates drop to $40,000 per day

Atlantic spot LNG shipping rates continued to decrease this week, dropping to $40,000 per day, the lowest since the start of the Middle East conflict, according to Spark Commodities.
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