Top 5 news of the week April 18-24

LNG Prime brings you the five most popular news on our platform during the week of April 18-24, 2022.

1) Australian contractor CIMIC said it has agreed to pay A$492.5 million ($365 million) to settle a dispute with JKC Australia over construction work at the Inpex-operated Ichthys LNG export project near Darwin.

2) India’s cryogenic tech firm Inoxcva has won a contract from a joint venture consisting of Antigua Power Company and US firm Eagle LNG to build a small regasification plant in Antigua.

3) US energy services firm Baker Hughes expects LNG players to take final investment decisions for up to 150 million tonnes per year of new liquefaction capacity in the next two years, according to chief executive Lorenzo Simonelli.

4) Estonian investment firm Infortar is joining forces with compatriot energy company Alexela to develop the FSRU-based LNG import terminal in Paldiski, as the country looks to phase out Russian gas supplies.

5) BW LNG’s carrier, BW Lilac, has rescued a German couple in distress on a sailing vessel offshore Aguadilla, Puerto Rico.

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