Top 5 news of the week July 18-24

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

1) Germany has chosen Stade and Lubmin as the next two locations to install the chartered floating storage and regasification units, as part of its plans to fast-track LNG imports and slash reliance on Russian gas.

2) LNG giant Shell said it would stop paying Prelude FLNG workers after they extended industrial action for two more weeks.

3) US engineering and construction giant Bechtel has started work on two LNG storage tanks as part of the third expansion phase at CPC’s Taichung import terminal in Taiwan.

4) Delfin LNG, a unit of Delfin Midstream and the developer of a floating LNG export project in the Gulf of Mexico, has requested more time from US FERC to put into service the project’s onshore facilities in Louisiana.

5) Bulgaria’s Overgas is looking to take regasified LNG from Excelerate Energy’s planned Vlora LNG terminal in Albania under a new deal revealed on Monday.

Most Popular

Jera boosts Wheatstone LNG stake

Japan’s power firm and LNG trader, Jera, has strengthened its indirect stake in the Chevron-operated Wheatstone LNG project in Australia by acquiring additional shares.

Shell, GTT, and LR to develop new LNG carrier

UK-based LNG giant Shell, French LNG containment specialist GTT, and classification society Lloyd’s Register have launched a joint development project to develop a conceptual 200,000-cbm LNG carrier combining hybrid-electric propulsion with GTT’s Next1 LNG cargo containment technology.

Taiwan’s CPC makes progress with Alaska LNG deal

Taiwan’s CPC Corp is making progress on buying LNG and investing in the planned Glenfarne-led Alaska LNG project, according to Taiwan's economy ministry.

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