Archive: Natural Gas South Asia
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BP board members meet in India for first time
BP board members convened in India for the first time this month, in a visit that highlighted the importance of…
Adviser appointed for Myanmar gas-fired power project
Japanese commercial bank Mizuho has been mandated by a consortium of Korean developers to act as financial adviser on the funding of a new gas-fired power project in Myanmar.
Petronas pushing ahead with two FLNG plants
Malaysia’s Petronas is on track to complete its first FLNG plant, PFLNG 1, by late 2015 – two years ahead of Shell’s Prelude – and aims to make an FID on its second floating facility, PFLNG 2, in the next few months, Interfax understands.
Amid delays, India promises Kochi LNG startup in 2013-2014
India’s fourth LNG import facility – Petronet LNG’s Kochi terminal – will be commissioned in the current fiscal year, the Minister of State for Petroleum and Natural Gas Panabaaka Lakshmi confirmed to the Indian parliament last week.
Malacca LNG receives first commissioning cargo
Malaysian state-owned Petronas’s 3.8 mtpa Malacca LNG received its first commissioning cargo last week as the company’s Seri Bijaksana vessel delivered volumes from Nigeria LNG, shipping data show.
India’s Petronet signs on for Henry Hub LNG
India’s Petronet LNG has agreed to buy 4 mtpa of Henry Hub-linked LNG over 20 years from the proposed Main Pass Energy Hub plant in the United States, a spokesman for the plant’s sponsor, United LNG, told Interfax on Thursday.
Indian buyers eye Pacific Basin volumes
There are an increasing number of spot cargoes available to the Asian market which could exert more downward pressure on Pacific Basin prices, sources have said.
India LNG growth relies on price, infrastructure improvements
India’s LNG imports are rising, but the extent of that growth will largely depend on pricing and – ideally – the creation of a regional index, as well as significant infrastructure upgrades, executives from two state-owned LNG importers said at the LNG 17 conference.
Malaysian import terminal to begin commissioning in June
Malaysia’s state-controlled Petronas expects to begin commissioning its long-awaited Malacca LNG terminal in June, in time to begin importing the country’s first cargoes this year, a company representative told Interfax on the sidelines of the LNG 17 conference in Houston on Thursday.
India secures spot cargo deal from Nigeria
India is showing few signs of stopping its flurry of spot cargo purchases, being the latest country to secure a spot deal from Nigeria.
Strong industrial demand supports Asian spot buying
Demand for spot cargoes in Asia is expected to remain firm in the coming months despite a decrease in heating-derived gas consumption as Indian industrial demand rises, traders have told Interfax.
India imports first Brunei LNG cargo
India is threatening to break Japan and South Korea’s duopoly on LNG imports from Brunei following the arrival of the Shell-chartered Trinity Arrow to the Dahej terminal on 30 March.
Tullow sells Bangladeshi block as focus shifts to core assets
Tullow Oil’s decision to sell its operating interest in a Bangladeshi gas field highlights the London-listed company’s move to concentrate on its promising discoveries in East Africa and South America and sell off non-core assets in Asia and elsewhere, analysts said on Tuesday.
Reliance agrees to KG-D6 audit
Reliance Industries has agreed to allow the Indian Comptroller and Auditor General (CAG) to audit its spending on the offshore…
Myanmar supply to Thailand down for ‘normal’ maintenance
gas exports from Myanmar to Thailand will be shut down from Friday to 13 April for “normal” maintenance work ahead of the expected monsoon season, a spokeswoman for Thailand’s state-controlled PTT Exploration and Production (PTTEP) told Interfax on Thursday.