Top 5 news of the week March 13-19

LNG Prime brings you the five most popular news on our platform during the week of March 13-19, 2023.

1) US firm Venture Global LNG has taken a final investment decision for the second phase of its Plaquemines LNG export plant in Louisiana. The company also secured $7.8 billion in project financing.

2) China Offshore Oil Engineering (COOEC), a unit of CNOOC, has delivered the last two modules it built for the giant Shell-led LNG Canada project.

3) South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering has received a new order from Maria Angelicoussis-led Maran Gas to build two LNG carriers.

4) India’s Swan Energy is waiting for approval from a consortium of banks to finalize its FSRU charter deal with Turkey’s state-owned natural gas and LNG firm, Botas.

5) New Fortress Energy and Golar LNG have completed the previously announced deal regarding the FLNG Hilli located offshore Cameroon’s Kribi.

Most Popular

Venture Global to introduce gas to 9th Plaquemines liquefaction block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the ninth liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

Shell’s LNG Canada moving forward with commissioning activities

Shell’s LNG Canada is moving forward with its commissioning and start-up phase and expects to receive a liquefied natural gas (LNG) cargo soon.

Atlantic LNG shipping rates climb to $20,000 per day

Atlantic LNG freight rates rose to almost $20,000 per day this week, while European prices continued to decrease.

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