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.

Most Popular

Cedar LNG gets OK for capacity boost

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, received approval to boost the capacity of its LNG project in Kitimat, on Canada’s West Coast.

Jera moving forward with Hawaii LNG plans

A unit of Japan's power firm and LNG trader, Jera, is moving forward with plans to build a $2 billion LNG-to-power project in Hawaii.

CMA CGM, Maersk eye more LNG-powered containership orders

France's CMA CGM and Denmark's Maersk are looking to order ultra-large LNG dual-fuel containerships at yards in China and South Korea, according to shipbuilding sources.
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