Top 5 news of the week May 22-28

LNG Prime brings you the five most popular news on our platform during the week of May 22-28, 2023.

1) Shell and Equinor are expecting to sign a host government agreement and a production sharing agreement for the giant Tanzania LNG export project in the following weeks.

2) Germany’s BarMalGas is planning to start construction on an LNG and bio-LNG terminal in the German port of Rostock this year.

3) French energy giant TotalEnergies on Tuesday released a report regarding the humanitarian situation in the province of Cabo Delgado, as it looks to resume construction on its giant $20 billion Mozambique LNG project.

4) Energy firm RWE will not take part in the German government’s plans to develop an FSRU-based LNG import terminal in the Mukran port on the island of Rügen.

5) BP and a unit of PetroChina have agreed to book long-term capacity at the Dutch Gate LNG import terminal, owned by Gasunie and Vopak, in the port of Rotterdam.

Most Popular

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.

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.

Adnoc L&S sells two steam LNG carriers for scrap

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, has sold two steam liquefied natural gas (LNG) carriers for scrap, according to brokers.

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