Top 5 news of the week March 28-April 3

LNG Prime brings you the five most popular news on our platform during the week of March 28-April 3, 2022.

1) Switzerland-based shipping giant MSC has taken delivery of its first LNG-powered containership, MSC Washington, as the company looks to decarbonize its operations.

2) Uniper and RWE have secured three floating storage and regasification units (FSRUs), as Germany looks to replace Russian gas with LNG, according to the country’s Economy Minister, Robert Habeck.

3) Germany’s Hanseatic Energy Hub, the developer of the Stade LNG import terminal near Hamburg, has received approval from the local government, as the country looks to speed up plans to replace part of Russian gas supplies with LNG.

4) US LNG firm Tellurian said it has issued a limited notice to proceed to compatriot Bechtel under its executed engineering, procurement and construction (EPC) contract to begin construction of phase one of the Driftwood LNG export terminal in Louisiana.

5) Summit Group’s FSRU-based terminal in Bangladesh, one of the country’s two LNG import terminals, has reached a milestone ship-to-ship transfer since the start of operations in 2019.

Most Popular

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Shell’s LNG Canada expansion project to get boost from government

Canadian Prime Minister Mark Carney named the planned second phase of Shell's LNG Canada export project as one of the major projects the federal government would help fast-track.

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