LNG Prime brings you the five most popular news on our platform during the week of October 21-27, 2024.
1) German engine maker MAN Energy Solutions said it will no longer offer its ME-GA engine, which was designed for the liquefied natural gas (LNG) carrier market.
2) Papua New Guinea’s national oil and gas company Kumul Petroleum has awarded a pre-FEED contract to China’s FLNG builder Wison New Energies for Papua New Guinea’s first FLNG project.
3) Atlantic (LNG) freight rates continued to decrease this week, dropping to just $26,750 per day, while European prices also dropped compared to the previous week.
4) Shell’s LNG Canada has started cooldown activities at its liquefaction and export terminal in Kitimat, as part of the project’s commissioning and start-up phase.
5) US LNG developer NextDecade is seeking a rehearing of the D.C. Circuit Court’s ruling on its Rio Grande LNG project in Texas.