Top 5 news of the week April 29-May 5

LNG Prime brings you the five most popular news on our platform during the week of April 29-May 5, 2024.

1) Chevron Australia, a unit of US energy giant Chevron, is working to resume full production from its Gorgon LNG terminal in Western Australia following a “mechanical fault” which is affecting one LNG production train.

2) US LNG player New Fortress Energy said that “a minor technical issue” which took place last week on one of its rigs as part of the Altamira LNG project will not affect the launch of production.

3) US LNG exporter Venture Global LNG expects to start LNG production at its Plaquemines LNG export plant in Louisiana in mid-2024.

4) India’s Hindustan Petroleum, a unit of state-owned ONGC, has reportedly delayed the commissioning of its Chhara LNG import terminal in Gujarat.

5) State-owned LNG giant QatarEnergy has signed a major shipbuilding deal worth $6 billion with China State Shipbuilding Corp for the construction of 18 271,000-cbm LNG carriers. The vessels will be built by CSSC’s Hudong-Zhonghua.

Most Popular

QatarEnergy CEO says damaged Ras Laffan LNG trains to take three years to repair

State-owned LNG giant QatarEnergy expects the damage to two liquefaction trains at its giant Ras Laffan complex to take three years to repair, according to Qatar’s energy minister and CEO of QatarEnergy, Saad Sherida Al-Kaabi.

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.

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