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

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.

Singapore LNG kicks off work on third jetty

State-owned LNG terminal operator Singapore LNG has officially kicked off the construction of a new LNG jetty, which will support the further growth of LNG bunkering in Singapore.

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