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

Shell adds another LNG carrier to its fleet

A unit of UK-based LNG giant Shell has added another chartered liquefied natural gas carrier to its fleet.

Hanwha Engine completes first X-DF engine with VCR tech

South Korea's Hanwha Engine, a subsidiary of Hanwha, has completed what it claims is the world's first WinGD X-DF engine equipped with VCR (variable compression ratio) technology for LNG carriers.

CoolCo always looking at acquisitions, CFO says

LNG carrier owner CoolCo is always on the lookout for potential acquisitions, according to CFO John Boots.

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