Production is declining at Myanmar’s offshore Yetagun and Yadana fields. (Total) LNG

High cost of LNG poses problem for Myanmar

Myanmar’s government could struggle under the high cost of subsidising LNG if the country’s planned import projects are all built.

By Andrew Walker 14 February 2018
Supply & Demand

Asia LNG demand robust even without Japan earthquake

Asian demand for LNG would still be robust even if the Japanese earthquake and tsunami had not occurred last year, Yan Kefeng, senior director of consultancy IHS CERA, said on Wednesday.

19 April 2012
Pipelines, Storage & Power

India building more pipelines to match higher production, import targets

India is working to more than double its gas pipeline network by the end of its 12th five-year plan in 2017, to keep up with an anticipated sharp rise in gas consumption from industrial users, power generators, households and the automotive sector.

19 April 2012
Global Markets

India's top court asked to arbitrate Krishna Godavari Basin dispute

India’s Reliance Industries has asked the country’s top court to appoint an arbitrator to resolve its dispute with the Ministry of Petroleum and Natural Gas over recovering the costs of developing the D6 Block in the Bay of Bengal’s Krishna Godavari Basin, Dow Jones reported on Wednesday.

18 April 2012
Companies & Finance

Tokyo Gas sales rise

Tokyo Gas saw its sales volume rise in March to 1.4 bcm, up by 10.55% year-on-year, the company said on Wednesday.

18 April 2012
Supply & Demand

Japanese firms sign up to US LNG export project

Mitsui and Mitsubishi have signed on to help develop and build a proposed 12 million ton per year LNG export plant in Louisiana.

18 April 2012
Supply & Demand

Chubu Electric adds to portfolio with Wheatstone LNG

Chevron has signed a non-binding heads of agreement with Japanese firm Chubu Electric to provide the utility with LNG from its Wheatstone project in Western Australia, Chevron said on Tuesday.

18 April 2012
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

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