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

Vopak moving forward with permitting process for Australian LNG import project

Dutch independent storage tank firm Vopak is moving forward with the permitting process for its planned FSRU-based LNG import facility in Australia’s Victoria state, according to CEO Dick Richelle.

Excelerate seals Bahamas LNG deal

US FSRU player Excelerate has signed an 11-year LNG supply agreement with AxDo, a joint venture between Axpo and Bahamas-based energy and maritime logistics company Domicisle LNG, supporting development of the Bahamas LNG hub.

Worley clinches EPC gig for Venture Global’s CP2 LNG expansion project

Australian engineering firm Worley has signed a reimbursable engineering, procurement, and construction (EPC) contract for Venture Global’s CP2 LNG expansion project in Louisiana.

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