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

Jera boosts Wheatstone LNG stake

Japan’s power firm and LNG trader, Jera, has strengthened its indirect stake in the Chevron-operated Wheatstone LNG project in Australia by acquiring additional shares.

Shell, GTT, and LR to develop new LNG carrier

UK-based LNG giant Shell, French LNG containment specialist GTT, and classification society Lloyd’s Register have launched a joint development project to develop a conceptual 200,000-cbm LNG carrier combining hybrid-electric propulsion with GTT’s Next1 LNG cargo containment technology.

Taiwan’s CPC makes progress with Alaska LNG deal

Taiwan’s CPC Corp is making progress on buying LNG and investing in the planned Glenfarne-led Alaska LNG project, according to Taiwan's economy ministry.

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