The Kochi LNG terminal in India. LNG

India to start up three LNG terminals by 2019

India is expanding its LNG import capacity by building three new terminals, but higher prices and slow progress on pipelines could weigh on growth in the country’s gas consumption.

By Andrew Walker 20 February 2018
Global Markets

Japan may launch gas futures market to prevent costly import fees

Japan is eyeing plans to launch a gas futures market in order to secure cheaper and more diverse sources of gas to meet rising LNG demand, local media has reported.

20 September 2012
LNG

Brunei looking at downstream investments in Philippines

Brunei has expressed interest in downstream gas investments on the island of Mindanao in the Philippines, according to the head of the Philippines Department of Energy.

19 September 2012
Exploration & Production

Australian explorer awaits appraisal well in North Sumatra

Melbourne-based oil and gas explorer MEO Australia is preparing to drill an exploratory well in the Seruway production sharing contract offshore North Sumatra in Indonesia.

19 September 2012
LNG

Tepco may source LNG from North America

Tepco is in talks to source LNG from North America, a representative of the company told Interfax on Tuesday.

18 September 2012
Global Markets

China asserts claim to islands with ‘baselines’

Overshadowed by protests and diplomatic bluster, Chinese authorities have taken steps that are likely to increase the assertiveness of its maritime law enforcement agencies in the East China Sea.

18 September 2012
Policy & Regulation

Myanmar’s new foreign investment law to have implications for PSCs

Myanmar’s new foreign investment law will have implications for production sharing contracts (PSC), with producers likely to experience a longer tax holiday, Edwin Vanderbruggen, a partner at Yangon-based VDB Loi Myanmar, has told Interfax.

18 September 2012
Supply & Demand

South Korean LNG imports up in August

South Korean LNG imports hit 2.53 million tons (mt) in August this year, as higher average temperatures pushed up demand for air conditioning.

18 September 2012
Companies & Finance

ONGC makes gas retail move

As has been expected for some time, India’s state-owned explorer Oil & Natural Gas Corp. has made a move to tap the country’s growing gas retail business, as part of an overall strategy to reduce its dependence on exploration revenues.

17 September 2012
Supply & Demand

Japan utilities’ LNG imports up in August

Japan’s 10 largest utilities imported 5.31 million tons (mt) of LNG in August, data from the Federation of Electric Power Companies released on Friday showed.

17 September 2012
Policy & Regulation

Pertamina looks for higher gas prices in Malaysia

Pertamina Hulu Energi (PHE), a subsidiary of Indonesian state oil and gas company Pertamina, has entered into negotiations to rework the sales price of gas produced at the SK 305 oil block offshore Sarawak, Malaysia.

17 September 2012
Companies & Finance

PetroChina’s purchase of Molopo Energy’s CBM assets in Queensland approved

Australia’s Foreign Investment Review Board has approved PetroChina’s purchase of Molopo Energy’s CBM assets in Queensland.

14 September 2012
Policy & Regulation

A long and treacherous path

A new foreign investment law was passed in Myanmar last week, but the country still has work to do to catch up with its Southeast Asian neighbours.

14 September 2012
Policy & Regulation

Japanese government announces 2030 nuclear phase-out

The Japanese government has stated its intent to phase out nuclear by 2030, further increasing the country’s already escalating reliance on LNG.

14 September 2012
LNG

Gulf Coast impact on Asian gas supplies questioned

US gas production will begin to reach global markets as soon as 2015. While it is assumed that these supplies will meetbooming Asian demand, some question the viability of these plans

14 September 2012
Global Markets

Indian oil minister to share country's oil and gas pipeline expertise with ASEAN countries

India’s Junior Oil Minister RPN Singh offered to share his country’s expertise in laying oil and gas pipelines and power transmission lines with ASEAN countries in a speech to the ASEAN Ministers on Energy Meeting in Cambodia, the Ministry for Petroleum and Natural Gas said on Wednesday.

13 September 2012
LNG

Total signs offtake agreement with Kogas for US LNG

Total Gas & Power has signed an agreement with Kogas to buy 0.7 million tons per annum of LNG from Cheniere Energy’s Sabine Pass liquefaction plant in Louisiana, the French major announced on Thursday.

13 September 2012
Supply & Demand

Uzbekistan starts exports to China

Uzbekistan started regular gas exports to China in August, Uzbekistan's National Information Agency has said.

13 September 2012
Supply & Demand

Qatargas to supply additional 20 mt to Japanese customers

Qatargas will supply its Japanese customers with an additional 20 million tons of LNG over the next several years, the company announced on Wednesday.

13 September 2012
Companies & Finance

Oil India will buy conventional and unconventional energy assets overseas

Oil India, India’s second-largest state-run explorer, has set aside INR 70 billion ($1.27 billion) to buy conventional and unconventional energy assets overseas in fiscal year 2012-2013, India Investment News reported on Wednesday.

12 September 2012
Global Markets

Price liberalisation important if China to meet targets – IEA

China must reform its gas market to meet its ambitious 12th Five-Year Plan consumption targets, the International Energy Agency (IEA) said on Wednesday.

12 September 2012

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