Top 5 news of the week March 25-31

LNG Prime brings you the five most popular news on our platform during the week of March 25-31, 2024.

1) LNG giant QatarEnergy has selected shipowners to own and operate 18 Q-Max LNG carriers as part of its massive shipbuilding program, according to shipbuilding sources.

2) US LNG firm NextDecade is moving forward with construction work on the first phase of its Rio Grande LNG export terminal in Texas.

3) South Korean shipbuilder Hanwha Ocean, previously known as DSME, has secured an LNG carrier order worth about $1.84 billion as part of QatarEnergy’s massive shipbuilding program.

4) Stonepeak’s Seapeak is pursuing various opportunities relating to six of its liquefied natural gas (LNG) carriers which are scheduled to complete their current charter contracts between June 2024 and June 2025.

5) Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, joined forces with German asset manager IKAV to buy a majority stake in Italy’s Adriatic LNG terminal.

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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