The control room at South Korea’s Shin-Wolsong nuclear power plant. (KHNP) Alternative Fuels

South Korea’s nuclear phase-out to boost gas demand

The South Korean president’s call to phase out nuclear power in favour of LNG and renewables will boost the country’s gas demand in the long term.

By Andrew Walker 26 June 2017
Policy & Regulation

India may include gas in Good and Services Tax

Gas could be included in India’s Goods and Services Tax from 1 July.

27 June 2017
LNG

India and US working on LNG supply agreement – Trump

India and the United States are working on an LNG supply agreement, Indian newspaper The Economic Times quoted President Donald Trump as saying.

27 June 2017
Policy & Regulation

India launches weather service for power sector

India has launched a weather service for the power sector, Energy Minister Piyush Goyal announced on Friday.

26 June 2017
LNG

Bangladesh and Qatar complete 15-year LNG supply agreement

Bangladesh has completed an agreement with Qatar for the supply of 2.5 mtpa of LNG over 15 years starting in 2018.

26 June 2017
LNG

India increases its reliance on imported LNG

India’s gas consumption is continuing its rapid growth, with imports rising by 34% in March year on year.

26 June 2017
Exploration & Production

Thailand will name Erawan and Bongkot bid winners in February

Thailand will announce the winners of a bid to take over the Erawan and Bongkot offshore gas fields in February 2018.

23 June 2017
LNG

Eni will start shipping LNG to Pakistan in December

Italy’s Eni will start delivering LNG to Pakistan in December under a long-term contract.

23 June 2017
Supply & Demand

India’s gas demand could rise sixfold by 2030 – Shell

Nitin Prasad, chairman of Shell India, is optimistic about the growth of Indian gas demand, which he expects could rise sixfold by 2030.

23 June 2017
LNG

Chiyoda receives approval for floating LNG power plant

Japan’s Chiyoda Corp. has announced it has received approval in principle from the American Bureau of Shipping for a floating LNG power plant

22 June 2017
LNG

Petronet in talks to buy 25% stake in Mundra LNG terminal

India’s Petronet LNG is in talks to buy 25% of Gujarat State Petroleum Corp.’s 50% stake in the Mundra LNG terminal.

22 June 2017
Exploration & Production

Eni ships first LNG from Jangkrik

Eni has shipped its first cargo of LNG using gas produced from the Jangkrik field off Indonesia, according to a company release.

22 June 2017
Alternative Fuels

Rosatom to start building Indian and Bangladeshi nuclear plants

Russia’s Rosatom plans to start construction of nuclear power plants in India and Bangladesh this summer.

21 June 2017
Alternative Fuels

South Korea to phase out nuclear from energy mix

South Korean Prime Minister Moon Jae-in has used the shutdown of the country’s first nuclear reactor earlier this week to announce his intention to phase out nuclear power from the country’s energy mix.

21 June 2017
The onshore gas terminal for India’s KG-D6 project. (Niko Resources) Policy & Regulation

India’s Goods and Services Tax is bad news for gas

Gas is likely to be the loser when India’s new GST regime comes into force in July, with profit margins in danger of being squeezed.

19 June 2017
Exploration & Production

Asia’s gas growth limited by import capacity

Emerging markets are a major source of gas demand growth in Asia Pacific, but consumption will rise more rapidly as import infrastructure expands.

19 June 2017
Companies & Finance

Bangladesh asks AIIB for $1 bln finance to boost energy projects

Bangladesh is seeking $1 billion in financial support from the Asian Infrastructure Investment Bank for six projects, most of which are in the energy sector.

16 June 2017
Companies & Finance

Reliance and BP to invest $6 bln in India’s east coast gas production

India’s Reliance Industries and BP have agreed to invest $6 billion in boosting gas production from India’s east coast.

16 June 2017
Exploration & Production

Asia Pacific rig count drops by 9% in May

The Asia Pacific rig count fell by 9% in May month on month following six months of growth.

16 June 2017
LNG

India’s plans for developing east coast LNG

India has plans for six LNG terminals along the country's east coast, with around 18 mtpa of regasification capacity in the planning stage.

15 June 2017
LNG

Iran and South Korea to work on mini LNG containers

Iran and South Korea have agreed to cooperate on developing mini LNG ISO containers over the next four years.

14 June 2017

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