Top 5 news of the week February 12-18

LNG Prime brings you the five most popular news on our platform during the week of February 12-18, 2024.

1) US engineering and construction giant Bechtel is moving forward with construction on the first phase of Sempra’s Port Arthur LNG export project in Texas worth about $13 billion.

2) Gastrade’s FSRU-based LNG import terminal off Greece’s Alexandroupolis will receive its first cargo of liquefied natural gas on Friday.

3) US shale gas producer Chesapeake Energy has entered into an offtake deal with Delfin Midstream, the US developer of a floating LNG export project in the Gulf of Mexico, to supply LNG to Geneva-based trader Gunvor.

4) Singapore’s Seatrium has renewed its long-term favored customer contract with units of Greece’s LNG shipping firm GasLog and UK-based LNG giant Shell.

5) State-owned LNG giant QatarEnergy is looking to order more Q-Max LNG carriers in China as part of its massive shipbuilding program, according to shipbuilding sources.

Most Popular

Venture Global to introduce gas to 9th Plaquemines liquefaction block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the ninth liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

Atlantic LNG shipping rates climb to $20,000 per day

Atlantic LNG freight rates rose to almost $20,000 per day this week, while European prices continued to decrease.

Shell’s LNG Canada moving forward with commissioning activities

Shell’s LNG Canada is moving forward with its commissioning and start-up phase and expects to receive a liquefied natural gas (LNG) cargo soon.

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