Essar’s 500 MW gas-fired power plant at Hazira, Gujarat. India’s power demand is expected to increase. (Essar) Supply & Demand

India’s power plans underestimate gas demand

India’s National Electricity Plan may be overestimating the role of hydro in future power generation and underestimating gas demand.

Malaysia’s uncontracted LNG supply is forecast to hit 17 mtpa over the next decade. (Petronas) LNG

Malaysia faces LNG oversupply problem

Malaysia is facing an oversupply of gas as it brings new LNG export projects online and has delayed additional export capacity to help balance the market.

LNG

BW Group names newest FSRU

BW Group named its second FSRU vessel the BW Integrity at Samsung Heavy Industries’ shipyard in South Korea in a ceremony last Thursday.

16 January 2017
LNG

Bangladeshi team heads to Qatar to hammer out LNG deal

Bangladesh will send a negotiating team to Qatar this month to finalise a deal to import LNG.

16 January 2017
LNG

HPC in talks to secure cargoes for Chhara terminal

India’s Hindustan Petroleum Corp. is in talks with six companies to import LNG at the terminal it is building in Chhara Port in Gujarat.

16 January 2017
Companies & Finance

RGPPL to separate gas and power businesses

India’s Ratnagiri Gas and Power Pvt Ltd. (RGPPL) is planning to spin off its gas and power businesses into separate entities

16 January 2017
Global Markets

Japan and Indonesia to cooperate on maritime security

Japan’s Prime Minister Shinzo Abe and Indonesia’s President Joko Widodo have agreed to cooperate on maritime security issues

16 January 2017
Exploration & Production

Exxon developing Vietnam’s Blue Whale project

ExxonMobil has signed two agreements with PetroVietnam and its subsidiaries to develop of the Blue Whale gas project offshore Vietnam.

16 January 2017
LNG

India’s gas supply falling short of demand

Despite importing greater volumes of LNG, India is still far from meeting its demand for gas.

16 January 2017
Global Markets

Gas supply situation deteriorates in Pakistan

Gas shortages are worsening in Islamabad and the Punjab region of Pakistan.

13 January 2017
Exploration & Production

South Korea looks to secure US LNG before Trump takes office

South Korea is looking to expand its imports of shale gas from the United States before any possible trade disputes with President-elect Donald Trump.

13 January 2017
Exploration & Production

Philippines has backup plan for Malampaya maintenance

The Philippines Department of Energy has said it will ensure there is enough backup power to stop brownouts while the Malampaya field is shut down for maintenance.

13 January 2017
LNG

BP signs LNG SPA with Thailand’s PTT

BP signed an LNG sales-and-purchase agreement with Thailand’s PTT late last year.

12 January 2017
Policy & Regulation

Taiwan agrees plan to phase out nuclear power by 2025

Taiwan’s legislature passed amendments to the Electricity Act on Wednesday that will pave the way to end nuclear power generation in the country by 2025.

12 January 2017
Companies & Finance

PV Gas plans $2 bln in investment for 2017

PetroVietnam subsidiary PV Gas plans to invest $2 billion in more than 60 projects this year.

12 January 2017
Exploration & Production

India seeks advice on gas flow compensation claims

The Indian government is seeking legal advice on whether it can recover $1.55 billion in compensation from Reliance Industries as part of a gas dispute with ONGC.

12 January 2017
LNG

Gas pushed out of South Korea’s energy mix

South Korea is looking to nuclear and renewables to meet growing demand for power, while the share of gas in the mix is set to decline.

12 January 2017
Supply & Demand

Australia and Japan sign deal on hydrogen exports

Australia and Japan have signed a deal to ship liquid hydrogen from the state of Victoria, with the project expected to start in 2020.

11 January 2017
Companies & Finance

PTTEP cuts 2017 investment budget by 30%

Thailand’s PTTEP has cut its investment budget for 2017 by 30%, to $2.9 billion, as it focuses on efficiency.

11 January 2017
LNG

Kochi LNG pipeline could be ready by 2019

India’s Petronet LNG has said that a 400 km pipeline connecting the Kochi LNG terminal to demand centres will be complete by 2019.

11 January 2017
An FPSO in the Timor Sea. Gas from Greater Sunrise could be shipped to Australia for export. (Woodside) Policy & Regulation

Greater Sunrise stalled as revenue treaty torn up

The development of the Greater Sunrise fields is in limbo as East Timor has terminated a treaty with Australia to share the revenues from the project.

11 January 2017
Companies & Finance

SapuraKencana subsidiaries win contracts worth $300 mln

Subsidiaries of Malaysia’s SapuraKencana Petroleum have won contracts worth $300 million.

10 January 2017

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