LNG Prime brings you the five most popular news on our platform during the week of October 21-27, 2024.
1) German engine maker MAN Energy Solutions said it will no longer offer its ME-GA engine, which was designed for the liquefied natural gas (LNG) carrier market.
2) Papua New Guinea’s national oil and gas company Kumul Petroleum has awarded a pre-FEED contract to China’s FLNG builder Wison New Energies for Papua New Guinea’s first FLNG project.
3) Atlantic (LNG) freight rates continued to decrease this week, dropping to just $26,750 per day, while European prices also dropped compared to the previous week.
4) Shell’s LNG Canada has started cooldown activities at its liquefaction and export terminal in Kitimat, as part of the project’s commissioning and start-up phase.
5) US LNG developer NextDecade is seeking a rehearing of the D.C. Circuit Court’s ruling on its Rio Grande LNG project in Texas.
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.
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