LNG Prime brings you the five most popular news on our platform during the week of May 27-June 2, 2024.
1) Floating LNG player Golar LNG is working to sign definitive agreements for an up to 20-year FLNG deployment.
2) LNG carrier operator CoolCo has revealed more details regarding its recent 14-year charter deal with India’s largest gas utility GAIL.
3) US construction company Zachry said on Tuesday it has filed for bankruptcy, initiating a structured exit from the Golden Pass LNG export project in Texas due to “financial challenges” related to the construction of the facility owned by QatarEnergy and ExxonMobil.
4) UAE’s energy giant Adnoc has selected two South Korean shipbuilders to build six liquefied natural gas (LNG) carriers following a tender.
5) Dallas-based private investment firm Aethon Energy Management has agreed to buy Tellurian’s integrated upstream assets for $260 million. The two firms also signed a heads of agreement for volumes from Tellurian’s Driftwood LNG plant in Louisiana.
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
UK-headquartered energy major BP and partners have confirmed the development concept for the second phase of the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project off the coasts of Mauritania and Senegal. Courtesy […]
NextDecade announced in a statement the execution of binding heads of agreement (HOA) with Guangdong Energy. The deal is for the long-term supply of LNG for 20 years from NextDecade’s Rio Grande LNG. NextDecade is developing Rio Grande […]
Despite high LNG shipping rates, a few prompt-delivery cargoes in the Atlantic Basin have been diverted to the Pacific Basin ahead of winter’s peak in Northeast Asia, reflecting high storage levels at European terminals, multiple […]
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