Top 5 news of the week February 26-March 3

LNG Prime brings you the five most popular news on our platform during the week of February 26-March 3, 2024.

1) Canada’s Pembina Pipeline and the Haisla Nation have again postponed a final investment decision on their Cedar floating LNG export project.

2) US LNG exporter Sempra Infrastructure, a unit of Sempra, expects to take a final investment decision to expand its Cameron LNG plant in the first half of 2025.

3) Floating LNG player Golar LNG said it had signed a framework agreement with a “potential customer” for a long-term opportunity that could utilize either the 2.4 mtpa FLNG Hilli or a 3.5 mtpa FLNG.

4) Commonwealth LNG has postponed a final investment decision on its 9.3 mtpa LNG facility in Cameron, Louisiana.

5) Norwegian FSRU player Hoegh LNG has secured a new charter contract for its 2013-built LNG carrier Hoegh Gandria.

Most Popular

Baker Hughes to buy Chart in $13.6 billion deal

US energy services firm Baker Hughes has entered into a definitive deal to buy compatriot LNG equipment maker Chart Industries. The transaction is worth $13.6 billion.

Venture Global takes FID on CP2 LNG

US LNG exporter Venture Global LNG has taken a final investment decision (FID) on the first phase of its CP2 LNG project in Louisiana. The company also closed the $15.1 billion project financing, claiming that it represents the largest standalone project financing ever, and the second-largest project financing after the combined financings of Venture Global’s Plaquemines LNG.

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.

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