Top 5 news of the week March 6-12

LNG Prime brings you the five most popular news on our platform during the week of March 6-12, 2023.

1) China Offshore Oil Engineering (COOEC), a unit of CNOOC, has delivered the last two modules it built for the giant Shell-led LNG Canada project.

2) US shale gas producer Chesapeake Energy has signed a heads of agreement with Geneva-based trader Gunvor to supply the latter with liquefied natural gas from a liquefaction plant in the US.

3) Cosco Shipping Heavy Industry in Shanghai has almost completed the conversion work on the FSRU which will serve the first Cyprus LNG import terminal in Vasilikos.

4) French LNG engineering firm Technip Energies is currently working on up to ten LNG FEED contracts and expects to secure new EPC deals this year, according to its chief executive Arnaud Pieton.

5) Equinor and Shell have completed talks with the government of Tanzania regarding the planned $30 billion LNG export project in Lindi. 

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.

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.

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.

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