Top 5 news of the week May 9-15

LNG Prime brings you the five most popular news on our platform during the week of May 9-15, 2022.

1) UAE’s Abu Dhabi National Oil Co (Adnoc) said it has appointed Houston-based McDermott as the design contractor for its planned LNG export plant in Fujairah.

2) Singapore’s Eastern Pacific Shipping has purchased four LNG carriers previously owned by Russia’s Sovcomflot from Dutch ING Bank, according to shipping sources.

3) BP’s Greater Tortue Ahmeyim FLNG project located offshore Mauritania and Senegal has reached a 75 percent completion mark at the end of the first quarter, project partner Kosmos Energy said on Monday.

4) Wes Edens-led New Fortress Energy has revealed plans to install up to eight floating liquefaction facilities in the US Gulf of Mexico, as Europe seeks more US LNG supplies.

5) Dutch gas grid operator Gasunie has secured another floating storage and regasification unit for its planned terminal in Eemshaven, as the Netherlands looks to slash reliance on Russian gas.

Most Popular

Atlantic LNG shipping rates decrease this week

Atlantic spot LNG shipping rates dropped this week, while Pacific rates were flat compared to the week before, according to Spark Commodities.

Stabilis secures new approval for Galveston LNG project

Houston-based small-scale LNG player Stabilis Solutions has received a letter of recommendation (LOR) from the US Coast Guard for its planned Galveston liquefaction facility.

Russian LNG production up 10.7 percent in January-June

Russian liquefied natural gas (LNG) production rose 10.7 percent in the first six months of this year, according to the Russian statistics agency Rosstat.
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