Top 5 news of the week November 6-12

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

1) PT Perusahaan Gas Negara (PGN), a unit of Indonesia’s Pertamina, has declared force majeure on its liquefied natural gas supply deal with a unit of Geneva-based energy and LNG trader, Gunvor.

2) Canada’s Pembina Pipeline and the Haisla Nation may move their planned final investment decision on the Cedar LNG export project from the fourth quarter of this year to early 2024.

3) US floating LNG player Excelerate Energy is looking to order another floating storage and regasification unit (FSRU), the company’s executives said during the third-quarter earnings call on Thursday.

4) US FSRU player Excelerate Energy has signed a 15-year liquefied natural gas (LNG) supply deal with Bangladesh’s state-owned Petrobangla.

5) Finnish tech firm Wartsila aims to sell its gas solutions business as part of the company’s plans to further streamline its marine business portfolio.

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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