Top 5 news of the week May 23-29

LNG Prime brings you the five most popular news on our platform during the week of May 23-29, 2022.

1) Hoegh LNG said it has terminated a charter deal for the 170,000-cbm FSRU Hoegh Giant with India’s H-Energy, the owner of the delayed import facility in Jaigarh.

2) US firm Venture Global LNG said it has taken a final investment decision for the first phase of its Plaquemines LNG export plant and the related pipeline in Louisiana. The company also secured $13.2 billion in project financing.

3) Norwegian shipowner Knutsen has named four Shell-chartered 174,000-cbm LNG carriers during a ceremony held on Tuesday at South Korea’s Hyundai Samho Heavy Industries.

4) Freeport LNG has requested more time from US FERC to build the fourth liquefaction train at its export plant in Texas.

5) A unit of UAE’s Abu Dhabi National Oil Co (Adnoc) has placed an order for up to four large LNG carriers at China’s Jiangnan Shipyard, boosting the total to six vessels, according to shipbuilding sources.

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.

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.

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.

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