BP’s Tangguh LNG in Indonesia. The plant’s third train could supply LNG domestically once it starts up. (BP plc) LNG

Indonesia looks to expand small scale LNG network

Indonesia is expanding its small-scale LNG import infrastructure with a second project, but the complexity of the network it is building could result in slow progress.

The Yadana platform offshore Myanmar. IOCs are preparing to drill new acreage. (Total) Exploration & Production

Myanmar: drillers gear up in Asia’s last frontier

Exploration is finally set to begin in the offshore acreage Myanmar offered in its 2013 licensing round.

Exploration & Production

Thailand’s PTT eyes up Malaysia’s Sarawak gas field

Thailand’s state oil and gas player PTT has expressed an interest in buying a stake in Malaysia’s Sarawak gas field.

23 February 2017
Exploration & Production

Surge in Australian rigs boosts count in Asia Pacific

Australia was the only country in the Asia Pacific region to add gas-focused drilling rigs to its total in January 2017, with its count increasing by five from a month earlier.

23 February 2017
LNG

Malaysia maintains LNG export volumes in 2016

Malaysia maintained a high level of LNG exports in 2016 even though its revenues and imports declined.

23 February 2017
Supply & Demand

Gas use increases in South Korea’s residential sector

The use of electricity and gas in South Korea’s residential sector have increased over the past year by 13% and 5.3% respectively.

22 February 2017
Exploration & Production

Petronas puts SK316 stake on sale

Malaysia’s Petronas is looking to sell up to a 49% stake in the offshore SK316 gas block that feeds Train 9 of the Bintulu LNG plant.

20 February 2017
Exploration & Production

Su Tu Trang second phase will be developed in 2020-2025

PetroVietnam Gas and PetroVietnam Exploration Production Corp. will develop the second phase of the Su Tu Trang field off the country’s southern coast between 2020 and 2025.

20 February 2017
Alternative Fuels

Solar power project auction yields record low tariffs

A competitive auction for a 750 MW solar power project in India has yielded the lowest-ever tariff for the industry.

20 February 2017
Supply & Demand

Gas theft accounting for 83% of Balochistan’s supply

Around 83% of the gas being delivered to the Balochistan region of Pakistan is going unbilled

20 February 2017
Global Markets

India considering 8% gas price hike in April

Gas prices in India are likely to be increased by 8% from the beginning of April driven by rising rates in reference markets.

20 February 2017
Pipelines, Storage & Power

Small businesses applaud Pakistan’s commitment to TAPI

The Islamabad Chamber of Small Traders has lauded Pakistan’s commitment to the Turkmenistan-Afghanistan-Pakistan-India pipeline because of the importance of cheap gas to the economy.

20 February 2017
Exploration & Production

India awards licences for small oil and gas fields

India’s Ministry of Petroleum and Natural Gas has awarded 31 contract areas under the country’s small oil and gas licensing round.

20 February 2017
Policy & Regulation

Pakistani TSOs struggle under effects of gas theft

Gas theft is a major threat to transmission system operators in Pakistan, Sui Southern Gas Co. has said.

17 February 2017
Supply & Demand

Paksitan’s LNG demand to hit 30 mtpa by 2030

Pakistan’s LNG demand is expected to reach 30.0 mtpa by 2022, Adnan Gilani, chief operating officer of state-owned Pakistan LNG, has said.

17 February 2017
Exploration & Production

MOL Group expands global presence

Pakistan’s MOL Group is expanding its global presence by acquiring new concessions in different parts of the world, including Norway and Hungary.

17 February 2017
Companies & Finance

Indian companies make $3 bln in investments in Bangladesh

Indian investments worth more than $3 billion have been registered with the Bangladesh Investment Development Authority.

17 February 2017
LNG

Japanese utilities agree to redirect LNG cargoes

Japan’s regional electric utilities have won provisions to divert LNG cargoes in some of their long-term sales contracts if and when they restart their nuclear power plants.

17 February 2017
LNG

China to supply Bangladesh with LNG carriers

Bangladesh Shipping Corp. has signed a memorandum of understanding with the Chinese Institute of Marine and Offshore Engineering to procure two LNG carriers.

16 February 2017
Exploration & Production

India announces winners of small fields licensing round

India has announced the winning bids for 31 oil and gas contract areas that were put up for auction last year in the small fields licensing round.

16 February 2017
Companies & Finance

InterOil shareholders approve Exxon takeover

InterOil’s shareholders voted in favour of ExxonMobil’s takeover of the company on Tuesday.

16 February 2017
Exploration & Production

Vietnam approves SOCO’s Te Giac Trang plan

SOCO International has received formal approval from the Vietnamese government for its field development plan for the Te Giac Trang project off the country’s southern coast.

16 February 2017

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