Top 5 news of the week February 7-13

LNG Prime brings you the five most popular news on our platform during the week of February 7-13, 2022.

1) A unit of LNG giant Shell and French LNG containment specialist GTT are joining forces to develop technologies to enable the transportation of liquid hydrogen (LH2).

2) US liquefaction plant developer Venture Global LNG has started producing LNG at its Calcasieu Pass terminal in Louisiana.

3) Singapore-based Spark Commodities reported its first-ever negative spot LNG freight rate, some three months after charter rates for the global LNG carrier fleet hit their record highs.

4) Singapore’s Keppel Offshore & Marine said it has received the final notice to proceed from a unit of LNG shipping firm GasLog to convert an LNG carrier into a floating storage and regasification unit.

5) Bechtel has handed over operational control of the sixth train at the Sabine Pass export plant in Louisiana to Cheniere, marking the substantial completion of the liquefaction unit.

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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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