Top 5 news of the week September 26-October 2

LNG Prime brings you the five most popular news on our platform during the week of September 26-October 2, 2022.

1) Switzerland-based investor Energy Infrastructure Partners (EIP) has signed a deal to buy a stake in Belgian LNG terminal operator Fluxys.

2) Spot charter rates for the global LNG carrier fleet continued to surge this week and now they are nearing record highs in the Atlantic, according to Spark Commodities.

3) US LNG firm Tellurian, the developer of the Driftwood LNG export project in Louisiana, said on Friday that its LNG supply deals with Shell and Vitol were both canceled.

4) Germany’s Hanseatic Energy Hub, the developer of the Stade onshore LNG import terminal near Hamburg, expects construction work to start soon on a jetty that would accommodate one of the chartered FSRUs in 2023.

5) UAE’s Adnoc and Germany’s RWE have signed a supply deal on the first commercial LNG delivery to the Brunsbuettel FSRU-based import terminal. The two firms also signed a memorandum of understanding for further LNG deliveries.

Most Popular

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

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