Top 5 news of the week April 18-24

LNG Prime brings you the five most popular news on our platform during the week of April 18-24, 2022.

1) Australian contractor CIMIC said it has agreed to pay A$492.5 million ($365 million) to settle a dispute with JKC Australia over construction work at the Inpex-operated Ichthys LNG export project near Darwin.

2) India’s cryogenic tech firm Inoxcva has won a contract from a joint venture consisting of Antigua Power Company and US firm Eagle LNG to build a small regasification plant in Antigua.

3) US energy services firm Baker Hughes expects LNG players to take final investment decisions for up to 150 million tonnes per year of new liquefaction capacity in the next two years, according to chief executive Lorenzo Simonelli.

4) Estonian investment firm Infortar is joining forces with compatriot energy company Alexela to develop the FSRU-based LNG import terminal in Paldiski, as the country looks to phase out Russian gas supplies.

5) BW LNG’s carrier, BW Lilac, has rescued a German couple in distress on a sailing vessel offshore Aguadilla, Puerto Rico.

Most Popular

BP chief expects ruling on Venture Global dispute later this year

BP's CEO Murray Auchincloss expects a ruling on an arbitration dispute with US LNG exporter Venture Global LNG to be delivered in the second half of this year.

Golar sells its last LNG carrier

Golar LNG has agreed to sell the last liquefied natural gas carrier in its fleet, completing its transition into a focused FLNG infrastructure firm.

Venture Global to introduce gas to 8th Plaquemines liquefaction block

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

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