The Inpex-Shell JV had plans for an FLNG vessel in Indonesia, which were supported by regulator SKKMigas. (SKKMigas) LNG

Jakarta puts pressure on Inpex-Shell Masela LNG

Jakarta is continuing to push Inpex and Shell to bring their Masela LNG project online with ambitious cost reductions and a shorter timeline.

An LNG tanker in South Korea. Industry players are hoping emerging Asian hubs will boost the markets. (Kogas) LNG

Dark clouds loom over Asian LNG conference

Global LNG players are pessimistic in the face of a glutted global LNG market and oil prices that are steadfastly refusing to rise.

LNG

Tokyo Gas exec calls for change to LNG purchase contracts

Hiroyuki Sagawa, the head of gas resources at Tokyo Gas, calls for the terms of LNG purchase contracts to be altered to reflect the uncertainty in the gas market.

30 September 2016
Companies & Finance

Petronas and Aramco in talks for $7.5 bln loan

Malaysia’s Petronas and Saudi Aramco hope to raise a record $7.5 billion syndicated loan to finance a planned refinery and petrochemical complex in Johor.

30 September 2016
Pipelines, Storage & Power

Tamil Nadu to hold talks with Gail on Kochi pipeline delays

The government of Tamil Nadu will hold talks with Gail on delays to a pipeline being constructed in the Indian state.

30 September 2016
Policy & Regulation

Indian activists oppose nuclear site

Indian activists oppose the siting of a nuclear power plant at Dehradun on the grounds it is a high seismic activity zone and has a fragile environment.

30 September 2016
Exploration & Production

Indian majors get green light to buy Russian oilfield stakes

India’s cabinet has granted approval to a consortium of Indian Oil Corp. Oil India and Bharat Petroleum to buy stakes in two Russian oilfields for a total of $3.14 billion.

29 September 2016
Policy & Regulation

ONGC asks Indian government to introduce gas floor price

Oil and Natural Gas Corp. has requested the Indian government introduce a floor price for gas before the next revision of tariffs at the beginning of October.

29 September 2016
Supply & Demand

Taiwan imports record levels of LNG in July

Taiwan’s LNG imports reached record highs in July while Thailand’s remained flat and Singapore saw a decline.

29 September 2016
Pipelines, Storage & Power

Reliance hopes to double capacity of coal-fired plants

India’s Reliance is looking to double the capacity of two of its coal-fired power plants.

28 September 2016
Pipelines, Storage & Power

H-Energy lodges complaint over unauthorised IOC pipeline

H-Energy has filed a complaint against Indian Oil Corp. building a gas pipeline from Paradip in Odisha to Durgapur via Haldia in West Bengal, without authorisation from the PNGRB.

28 September 2016
Exploration & Production

ONGC board split on KG gas migration compensation claim

The board of India’s Oil and Natural Gas Corp. is split on whether to claim compensation for gas that has migrated from its KG Basin block into adjoining fields.

28 September 2016
LNG

Reliance Power seeks higher prices for regasified LNG

Reliance Power is seeking higher tariffs for supplying fuel from an FSRU to the proposed Meghnaghat power project in Bangledesh.

28 September 2016
Global Markets

Philippines hopes to strengthen ties with China and Russia

Rodrigo Duterte, president of the Philippines, has said he wishes to improve the country’s ties with China and Russia.

27 September 2016
Pipelines, Storage & Power

Tariff dispute stops work on Pakistan’s North-South pipeline

Rostec’s work on the North-South gas pipeline in Pakistan has stalled as a result of a disagreement over project tariffs.

27 September 2016
Exploration & Production

Pakistan Petroleum finds gas in Sindh province

Pakistan Petroleum Ltd. (PPL) has discovered gas in Sindh province in Pakistan.

27 September 2016
LNG

Gail to decide on LNG ship contract by end of week

India’s Gail is expected to decide on a multi-billion dollar contract to hire newly built ships to transport LNG by the end of the week.

27 September 2016
Companies & Finance

Delhi reconsidering ONGC stake sale plans

The Indian government may cancel its plans to sell a 5% stake in state-owned Oil and Natural Gas Corp.

27 September 2016
Exploration & Production

ONGC gets approval to buy Krishna Godavari stake

India’s Oil and Natural Gas Corp. has received approval to purchase a stake in a Krishna Godavari Basin gas block owned by Gujarat State Petroleum Corp.,

26 September 2016
Exploration & Production

Cairn India to drill 10 wells in Palar Block

Cairn India is anticipated to spend $150 million drilling 10 wells in the Palar Block in the Nellore district of Andhra Pradesh.

26 September 2016
Alternative Fuels

AES considering Vietnamese solar project

United States-based AES is looking to invest in solar power in Vietnam, according to Vietnam News.

26 September 2016
LNG

Thailand looks to LNG to support waning production

Thailand is massively expanding its LNG import infrastructure in an effort to plug the gap caused by declining domestic gas output.

26 September 2016

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