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.

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Venture Global’s Plaquemines LNG wraps up $4 billion notes offering

Venture Global's unit Plaquemines LNG has closed a $4 billion offering of senior secured notes.

Argentina’s Enarsa to spend $567 million on LNG purchases

Argentina's state-owned LNG importer, Energia Argentina (Enarsa), will spend $570 million to purchase 22 liquefied natural gas (LNG) cargoes from BP and TotalEnergies this year.

Shell’s LNG Canada to ship second cargo

Shell-led LNG Canada is expected to soon ship the second cargo of liquefied natural gas from the Kitimat facility on the west coast of Canada, according to shipping data.

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