Top 5 news of the week July 29-August 4

LNG Prime brings you the five most popular news on our platform during the week of July 29-August 4, 2024.

1) Australian engineering firm Monadelphous has secured a contract from compatriot LNG player Woodside for work on the first Pluto LNG train near Karratha in Western Australia.

2) Danish shipping giant Maersk will take on charter a fleet of LNG dual-fuel containerships which will be built at Chinese yards, according to shipbuilding sources.

3) US LNG terminal developer Tellurian, which is being acquired by Australia’s Woodside, released the latest construction update for the first phase of its Driftwood LNG terminal in Louisiana.

4) Argentina’s state-owned oil and gas company YPF and Malaysia’s Petronas have decided to build their $30 billion Argentina LNG export project in the Patagonian province of Río Negro.

5) Freeport LNG has shipped the first cargo from its LNG export plant in Texas since the shutdown on July 7 due to Hurricane Beryl, according to shipping data.

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.

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.

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.

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