Top 5 news of the week February 28-March 6

LNG Prime brings you the five most popular news on our platform during the week of February 28-March 6, 2022.

1) Germany has decided to back the construction of two liquefied natural gas (LNG) import terminals as the country looks to reduce dependence on Russian pipeline gas imports, according to Chancellor Olaf Scholz.

2) US liquefaction plant developer Venture Global LNG said it has shipped the first commissioning cargo from its Calcasieu Pass plant in Louisiana.

3) LNG giant Shell said on Monday it would exit its joint ventures with Russia’s Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-2 LNG export terminal.

4) Chart Industries said it has received full notice to proceed for the production of cold boxes and brazed aluminum heat exchangers for the first phase of Venture Global’s Plaquemines LNG export project in Louisiana.

5) Tor Olav Troim-led Golar LNG is expecting to win a new contract for a floating LNG producer this year as it continues to work on several projects.

Most Popular

Excelerate says purchased LNG carier set for FSRU conversion

US FSRU player Excelerate Energy confirmed on Monday that its recently purchased LNG carrier Excelerate Shenandoah is the company's first FSRU conversion candidate.

Excelerate working to expand Jamaican LNG business

US FSRU player Excelerate Energy has already made some smaller investments to further optimize its recently acquired LNG business in Jamaica, according to CEO Steven Kobos.

Venture Global wins Calcasieu Pass arbitration against Shell

US LNG exporter Venture Global LNG has won an arbitration case against UK-based LNG giant Shell over LNG sales from the Calcasieu Pass plant in Louisiana.

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