• Natural Gas Daily
  • Asia Pacific
LNG

LNG market faces supply crunch as new terminals come online

The commissioning of new LNG regasification capacity in 2013 is set to tighten the global market.

23 January 2013
Gas for Transport

Kogas, DNV to cooperate on South Korea LNG bunkering study

Korean state-owned utility Kogas and DNV have announced they will cooperate on a feasibility study with the aim of creating an LNG bunkering facility in South Korea, the companies announced on Monday.

23 January 2013
Policy & Regulation

India looks to Central Asia and away from Middle East

Realising the danger of its heavy dependence on Middle Eastern oil and gas supplies, India is looking to invest in Central Asia.

23 January 2013
Supply & Demand

New safety measures could delay Japanese nuclear restarts

Japan’s nuclear regulator published a draft of its stringent new safety measures on Monday, in a development which threatens to delay the restart of Japan’s shuttered nuclear fleet and keep the island nation hooked on LNG imports for power generation.

22 January 2013
Companies & Finance

Reliance, Cairn post positive results despite lower output

Two of India’s largest private upstream companies – Reliance Industries and Cairn India – posted relatively positive results in the final three months of 2012, although Reliance surpassed analysts’ expectations, while Cairn India fell slightly short.

22 January 2013
Exploration & Production

Eni continues pursuit of Vietnamese blocks

Italy’s Eni continues to expand its presence in Vietnam with Monday’s announcement that the company has signed a memorandum of understanding (MOU) with state-controlled PetroVietnam for the development of business opportunities between the two companies.

22 January 2013
Policy & Regulation

Islands dispute scuttles energy cooperation in East China Sea

An escalating dispute between China and Japan over a cluster of islands in the East China Sea has stalled a plan agreed four years ago to jointly develop undersea energy resources in the area, an expert with a Chinese thinktank has told Interfax.

21 January 2013
Exploration & Production

Cambodian O&G sector virtually starting from scratch

Cambodia has yet to tap its prospective oil and gas reservoirs. The problem lies in the country’s lack of modern infrastructure, regulatory framework and difficult geological conditions.

21 January 2013
Companies & Finance

PTTEP’s expenditure to peak in 2013 ahead of new projects

Thailand’s state-controlled PTT Exploration and Production (PTTEP) will see a peak in capital and operating expenditure this year, as it works to start up new projects in Australia, Myanmar, Algeria and Canada, the company announced on Monday.

21 January 2013
Companies & Finance

India’s Reliance sees drops in production and profit

Gas production from Reliance Industries’ troubled Krishna Godavari D6 (KG-D6 Block) between April and December 2012 fell by 37% year on year, while crude and condensate output dropped by 40% and 43%, respectively, the Indian company announced on Friday.

18 January 2013
Exploration & Production

Myanmar kicks off delayed second bidding round

Myanmar has invited bids for 18 onshore blocks as the regime looks to lure foreign investment back to one of Asia’s last hydrocarbon frontiers.

18 January 2013
Supply & Demand

South Korea’s 2012 LNG imports flatline

South Korea’s rapid LNG import growth looks to have slowed in 2012, possibly signalling the country’s transition into a mature market with little further prospect for growth.

16 January 2013
LNG

LNG roundup: Spot prices surge on Asian and South American interest

Record-high prices of $20 per million Btu (MMBtu) remain a possibility this winter as competition for spot LNG cargoes intensifies in northeast Asian markets.

16 January 2013
Companies & Finance

Cove deal could delay PTTEP’s US shale gas ambitions – expert

Thailand’s PTT Exploration and Production is eyeing United States shale gas assets to boost production and diversify supply sources, but a recent large deal in Africa may mean it will not make a purchase this year, an industry expert has told Interfax.

16 January 2013
Policy & Regulation

Overlapping claims agreement urgently needed – Thai Energy Ministry

An agreement between Thailand and Cambodia on the disputed overlapping claims area (OCA) in the Gulf of Thailand is urgently needed to meet Thailand’s growing demand for gas, an official with the country’s Ministry of Energy has said.

16 January 2013
Policy & Regulation

New ASEAN head faces more assertive China

Expectations that ASEAN’s newly installed General Secretary Le Luong Minh will apply more pressure on China to enter multilateral talks on contentious regional issues are premature.

15 January 2013
Policy & Regulation

Taiwan officials urge caution over proposed nuclear phase-out

Taiwan’s government has warned the proposed elimination of nuclear power from the country will have economic consequences that should be thoroughly considered before any decisions are made to hasten its removal from the energy mix.

15 January 2013
Policy & Regulation

Indonesia names new head of upstream regulator

Rudi Rubiandini, deputy head of Indonesia’s Ministry of Energy and Mineral Resources (MEMR), has been appointed chief executive of the country’s interim upstream oil and gas regulator SKMigas, local media reported.

14 January 2013
Supply & Demand

Tepco December LNG purchases cap record consumption

Tepco imported 2.15 million tons (mt) of LNG in December, helping to push yearly imports at Japan’s largest power utility to a record 24.8 mt.

14 January 2013
Exploration & Production

Roc Oil finds hydrocarbons offshore Malaysia

Australian Stock Exchange-listed Roc Oil announced in a filing on the Australian bourse on Monday that an appraisal well drilled in the Balai Cluster off the coast of Sarawak in east Malaysia contains about 87 m of hydrocarbon pay spread throughout several zones.

14 January 2013

Viewing 2,961-2,980 of 3,993 articles