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

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.

Seatrium scores Excelerate FSRU conversion gig

Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from US FSRU player Excelerate Energy.

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