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

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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