Top 5 news of the week November 18-24

LNG Prime brings you the five most popular news on our platform during the week of November 18-24, 2024.

1) Venture Global LNG’s newbuild carrier, Venture Bayou, has arrived at the Plaquemines LNG export plant in Louisiana as the facility nears the launch of its first LNG production.

2) Units of UK-based energy giant BP and US LNG exporter Venture Global will supply liquefied natural gas cargoes to Bulgaria’s Bulgargaz via Greece’s Alexandroupolis FSRU following the completion of a tender.

3) French LNG containment giant GTT has opened a new office in Doha, Qatar’s capital and economic hub.

4) Atlantic spot liquefied natural gas (LNG) freight rates slid to a record low this week, reaching just $15,500 per day.

5) South Korea’s SK Shipping has sold four steam liquefied natural gas (LNG) carriers for scrap, according to brokers.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

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