Interfax's briefing with Novatek CEO Leonid Mikhelson LNG

Novatek sees Asian LNG demand spike

Asian LNG demand forecasts will be revised upwards as new terminals come online, Novatek Chief Executive Leonid Mikhelson told an Interfax Energy briefing.

By Staff reporter 18 October 2017
LNG

GDF signs on to study FSRU feasibility in eastern India

GDF Suez on Tuesday partnered with India’s government-run Gail and the state of Andhra Pradesh to evaluate the possibility of building an offshore LNG receiving terminal, in the hopes of bringing imports into the industrial state in 2014.

17 April 2012
LNG

Indonesia's first FSRU to begin operations in May

Indonesia’s first floating, storage and regasification unit (FSRU) is expected to begin operating in May, once it arrives at Jakarta Bay from the Jurong shipyard in Singapore, state-run Pertamina announced last week.

17 April 2012
Global Markets

Japan's nuclear reactors

A Japanese Democratic Party official said on Monday that deciding not to restart the country’s idled nuclear reactors would amount to “mass suicide,” The Japan Times reported on Tuesday.

17 April 2012
Global Markets

Not restarting reactors 'mass suicide' says Japanese politician

A Democratic Party official said on Monday that deciding not to restart the country's idled nuclear reactors would amount to "mass suicide," The Japan Times reported on Tuesday.

17 April 2012
Supply & Demand

Japan LNG consumption hits record in 2011

Japan’s 10 largest utilities bought 26% more LNG during the 2011 fiscal year, according to data released by the Federation of Electric Power Companies (FEPC) on Monday.

16 April 2012
Supply & Demand

Korean LNG imports down in March

Korean LNG imports were down 9.15% in March 2012, according to figures released by the Korea Customs Service (KCS) on Monday.

16 April 2012
Global Markets

Two nuclear reactors in western Japan given OK by government

The Japanese government has decided two nuclear reactors in Western Japan are safe to restart, according to local media reports.

13 April 2012
Global Markets

Arun LNG unaffected by earthquake

The two earthquakes that struck Indonesia’s Aceh province this week did not interrupt LNG production at the Arun plant, a spokesperson for Pertamina told Interfax.

13 April 2012
Exploration & Production

Asian consortium, Shell in talks to develop liquefaction plant

With Asian customers forced to pay record LNG prices, a consortium of Asian companies have entered into talks with Royal Dutch Shell to jointly develop a liquefaction plant in Western Canada, sourcing gas from their shale assets, The Nikkei reported on Thursday.

13 April 2012
Global Markets

China and the Philippines still locked in maritime standoff

A standoff between Chinese and Filipino vessels in a disputed region of the South China Sea entered into its fourth day on Friday, presenting Beijing with a diplomatic headache as it struggles to contain fallout from a domestic political scandal and the failed missile launch by its ally and neighbour North Korea.

13 April 2012
Companies & Finance

India’s sovereign risk drags down ONGC, Gail ratings

Moody’s Investor Services has downgraded India’s two largest state-run oil and gas players – Oil and Natural Gas Corp. (ONGC) and Gail – as a result of the country’s weaker sovereign credit, although both companies are still rated higher than India.

13 April 2012
Exploration & Production

US, Japan look for ‘fire in the ice’

Gas hydrate could become the industry’s next game-changer, offering gas-poor countries such as Japan the potential for significant domestic supplies. But can it be produced at the right price?

11 April 2012
Global Markets

Aceh earthquakes

Two massive earthquakes off the coast of Indonesia’s Aceh province triggered a tsunami alert for the Indian Ocean, the BBC reported on Wednesday.

11 April 2012
LNG

Australian LNG exports to Asia Pacific no threat, says Gazprom

Gazprom is confident about its LNG position in the Asia Pacific market and does not consider prospective Australian LNG exports to be in direct competition, the company’s head of eastern projects, Viktor Timoshilov, told journalists.

10 April 2012
Companies & Finance

Pertamina Hulu Energi to buy stakes in Asia Pacific blocks

Indonesia’s state-run Pertamina Hulu Energi plans to buy stakes in eight oil and gas blocks in Asia Pacific, The Jakarta Post reported on Saturday.

10 April 2012
Exploration & Production

BAPEX to launch offshore exploration venture in July

State-run Bangladesh Petroleum Exploration and Production Co. (BAPEX) hopes to launch its first offshore oil and gas exploration venture in July, Reuters reported on Saturday.

10 April 2012
Pipelines, Storage & Power

India looking at subsea alternatives to IPI, TAPI

With the $7.5 billion Iran-Pakistan-India (IPI) pipeline still a distant and ambitious dream, India is instead eyeing the potential for building an undersea gas link from Qatar, through Oman and into India, Interfax has learnt.

10 April 2012
Supply & Demand

Peace talks on China’s pipeline border fail

Peace talks between Kachin forces and Myanmar government troops have failed, the BBC reported on Thursday.

5 April 2012
Policy & Regulation

ASEAN still divided on approach to South China Sea dispute

ASEAN members failed to make any headway towards a unified approach to the disputed South China Sea during the bloc’s two-day summit in Cambodia this week, with a statement from ASEAN on Wednesday simply reaffirming a commitment to implementing a declaration agreed by the group in 2002.

5 April 2012
Global Markets

Fitch affirms Reliance's BBB- rating

Fitch Ratings has affirmed its long-term foreign currency issue default rating of BBB- with a positive outlook for India’s Reliance Industries, the ratings agency said on Thursday.

5 April 2012

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