Top 5 news of the week October 30-November 5

LNG Prime brings you the five most popular news on our platform during the week of October 30-November 5, 2023.

1) Houston-based Gulfstream LNG has selected Baker Hughes, Honeywell UOP, and Kiewit as the company’s technical partners for the development of its mid-sized onshore LNG export project in Plaquemines Parish, Louisiana.

2) US LNG firm Tellurian, the developer of the Driftwood LNG export project in Louisiana, reported a wider net loss in the third quarter of this year, while its gas production rose compared to the same period in 2022.

3) US shale gas producer Chesapeake Energy has signed a heads of agreement with Geneva-based trader Vitol to supply the latter with liquefied natural gas (LNG) from a liquefaction plant in the US.

4) UK-based energy giant BP is “hopeful” that it will launch the first phase of its Greater Tortue Ahmeyim FLNG project located offshore Mauritania and Senegal in the first quarter of 2024, according to its interim CEO Murray Auchincloss.

5) Malaysia’s LNG shipper MISC has entered into a deal with a unit of its parent Petronas to convert a 2002-built LNG carrier with a steam turbine propulsion into a floating storage unit for the Pengerang regasification terminal in Johor.

Most Popular

Venture Global to introduce gas to 9th Plaquemines liquefaction block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the ninth liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

Shell’s LNG Canada moving forward with commissioning activities

Shell’s LNG Canada is moving forward with its commissioning and start-up phase and expects to receive a liquefied natural gas (LNG) cargo soon.

Atlantic LNG shipping rates climb to $20,000 per day

Atlantic LNG freight rates rose to almost $20,000 per day this week, while European prices continued to decrease.

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