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

Venture Global’s Plaquemines LNG to commission third jetty

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce hazardous fluids to the third jetty at its Plaquemines LNG export plant in Louisiana.

Samsung Heavy, KR to develop three-tank LNG carrier

South Korean shipbuilder Samsung Heavy Industries signed a memorandum of understanding with compatriot classification society KR to jointly develop a 174,000-cbm LNG carrier featuring three cargo tanks.

Another FSRU arrives in Egypt

The 160,000-cbm FSRU Energos Eskimo has arrived in Egypt from Jordan, according to shipping data. The unit is one of four FSRUs that will serve a charter deal with Egypt's EGAS as the country seeks to meet its growing demand for natural gas.

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