Top 5 news of the week September 25-October 1

LNG Prime brings you the five most popular news on our platform during the week of September 25-October 1, 2023.

1) QatarEnergy and ExxonMobil released the latest construction update for their giant Golden Pass LNG export plant on the US Gulf Coast near Sabine Pass, Texas, as they work to launch the first train next year.

2) LNG giant QatarEnergy has signed a shipbuilding deal worth about $3.9 billion with South Korea’s HD Hyundai Heavy Industries for the construction of 17 174,000-cbm LNG carriers as part of the second phase of its giant shipbuilding program.

3) A unit of Warren Buffett’s Berkshire Hathaway has boosted its stake in the Cove Point liquefied natural gas (LNG) export terminal in Maryland after it completed the previously announced $3.3 billion deal with Dominion Energy.

4) German LNG terminal operator Deutsche ReGas is moving forward with its plans to produce green hydrogen in Lubmin.

5) TotalEnergies will continue to grow its LNG business as the demand for the fuel rises due to the transition from coal to natural gas, according to Patrick Pouyanne, CEO of TotalEnergies.

Most Popular

Energy Transfer seals Lake Charles LNG supply deals

Texas-based Energy Transfer has signed new supply deals for its planned Lake Charles LNG export facility in Louisiana as it works to take a final investment decision by the end of this year, according to its management.

Germany, Egypt seal FSRU charter deal

Germany's Ministry for Economic Affairs and Energy has signed a deal with Egypt's state-owned EGAS to charter the 174,000-cbm FSRU Energos Power.

Atlantic LNG shipping rates slightly down, European prices climb

Atlantic LNG freight shipping rates rose above $40,000 per day this week, while European prices decreased compared to last week.

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