Top 5 news of the week November 14-20

LNG Prime brings you the five most popular news on our platform during the week of November 14-20, 2022.

1) Eni’s 3.4 mtpa Coral Sul FLNG located offshore Mozambique has shipped its first cargo of liquefied natural gas, adding Mozambique to the LNG producing countries.

2) Germany’s first FSRU-based LNG import facility in Wilhelmshaven is now ready to welcome Hoegh’s vessel in December following the completion of the terminal’s jetty.

3) US-based firm Sycar is working on a floating liquefied natural gas (LNG) project in Venezuela and plans to supply the fuel to Latin America and Europe.

4) Tor Olav Troim-led Golar LNG said it had ordered long-lead items worth about $300 million for its third FLNG conversion project on the back of a growing opportunity set for new FLNG growth projects.

5) Floating LNG player Hoegh LNG Holdings is working to prepare its floating storage and regasification units for the upcoming long-term charters in Germany.

Most Popular

Venture Global’s Plaquemines LNG seals new gas supply deal

Venture Global LNG’s Plaquemines LNG has signed a new natural gas sale and purchase deal with gas marketer Tenaska Marketing Ventures, according to a DOE filing.

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.

Atlantic LNG shipping rates remain steady, European prices down

Atlantic spot LNG shipping remained steady this week, whilst European prices dropped compared to last week.

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