The signing ceremony for the Moheshkhali FSRU Global Markets

Bangladesh prepares for first LNG imports

Bangladesh is getting ready to receive its first delivery of LNG next week as its new FSRU travels across the Indian Ocean carrying Qatari volumes.

By Andrew Walker 20 April 2018
LNG

BP targets 2019 startup for Tangguh’s third train

BP is preparing to submit a Plan of Further Development for the expansion of the Tangguh LNG plant by the end of the month, BP Regional President for Asia Pacific William Lin told Interfax on Wednesday.

23 July 2012
Exploration & Production

Philippine Malampaya gas field to restart operations

The Malampaya gas field in the Philippines was due to restart operations this evening, ABS-CBN news reported on Friday.

20 July 2012
LNG

Gazprom may buy gas from Brunei LNG

Gazprom has been in talks with Brunei LNG about possible gas purchases, Reuters quoted the Vedomosti newspaper as saying on Thursday.

20 July 2012
Companies & Finance

Reliance Industries reports drop in profits

India’s Reliance Industries reported a drop in profits in the three months ended 30 June because of declining gas output in India and declining earnings from fuel sales, Bloomberg reported on Friday.

20 July 2012
LNG

Crumbling East Asian prices opens door for Europe

To the dismay of suppliers, bids for spot cargoes have been on a downturn since the start of June, owing to a slump in global oil prices and a multitude of supply and demand factors.

20 July 2012
Supply & Demand

Anti-nuclear protests threaten restarts

With anti-nuclear public sentiment swelling, restarts at Japan’s shuttered plants are becoming increasingly unlikely, posing a potential upside for LNG.

19 July 2012
Companies & Finance

PTT looks to go the distance with Cove buy

Cove Energy’s apparent buyer, PTT Exploration and Production, would benefit from the African explorer’s long-term production potential.

18 July 2012
Pipelines, Storage & Power

India may let gas-fired generators raise tariffs

With the worsening gas shortage stifling the development of new gas-fired power plants, India’s Ministry of Power is considering allowing for more flexibility between the cost of generating the electricity and the price generators can charge for the output, Power Secretary P Uma Shankar has told Interfax

17 July 2012
Companies & Finance

Eni set to invest $1.2 bln in Indonesia next year

Italian energy company Eni plans to increase investment in Indonesia threefold in 2013 to $1.2 billion, an Indonesian government official told reporters on Monday.

17 July 2012
Supply & Demand

Korean LNG imports up in June

South Korea’s LNG imports hit 2.45 million tons (mt) in June, according to figures released by the country’s customs service on Monday. Volumes rose by approximately 15% year-on-year from 2.12 mt during the same period in 2011.

16 July 2012
Policy & Regulation

Aung San Suu Kyi calls for help drafting gas master plan

Myanmar’s Aung San Suu Kyi has asked several leading UK energy companies for help drafting a gas master plan during a three day trip to the country organised by the UK Trade and Investment Office.

16 July 2012
Supply & Demand

North American LNG is no game-changer in Asia

The hype around the potential for exporting North American shale gas has led to questions about whether the new exports will break the long-standing oil link in LNG pricing. Analysts, however, say this is unlikely to happen any time soon.

16 July 2012
Companies & Finance

BG rejects GSPC's GGCL bid

BG Group has rejected Gujarat State Petroleum Corp.’s (GSPC’s) bid to buy its 65% share in the Indian pipeline operator Gujarat Gas Co. Ltd. (GGCL) for INR 300 ($5.43) per share, claiming that the bidding process has been rigged, The Times of India reported on Sunday.

16 July 2012
Exploration & Production

Russian company to develop offshore Vietnam

Russia’s state-owned Zarubezhneft has won a tender to develop the Vietnamese offshore gas Block 12/11, the company said on Monday.

16 July 2012
Companies & Finance

Locally funded Indian gas pipeline reaches financial close

GSPL India Transco has closed on a project finance debt package to support the Mallavaram-Bhopal-Bhilwara-Vijaipur gas pipeline scheme.

13 July 2012
Global Markets

Politicking in the Pacific

China’s rise has caused ripples across Asian Pacific waters, with diplomatic blunders pushing potential allies into the arms of its rival.

13 July 2012
Companies & Finance

Petronas’ corporate strategy makes Progress

Petronas’ acquisition of Progress Energy Resources will substantially increase the oil and gas resources it can draw on for domestic consumption, and is part of a wider strategy to high-grade its international portfolio.

13 July 2012
Policy & Regulation

ASEAN talks fail to end South China Sea dispute

Optimism on progress towards a code of conduct (COC) for claimants to the disputed South China Sea was dampened as talks at the Association of South East Asian Nations (ASEAN) Regional Forum drew to a close on Friday, with ASEAN foreign ministers unable to issue a customary joint communique.

13 July 2012
Policy & Regulation

US opens door to oil and gas investment in Myanmar

The easing of sanctions by President Obama opens up new possibilities for energy companies looking to expand into Southeast Asia, but concerns about transparency and accountability remain.

12 July 2012
Policy & Regulation

Philippines plan calls for more gas infrastructure

The Philippines is putting together a master plan aimed at improving the country’s gas infrastructure. The plan’s success, however, will depend on the availability of gas – either domestic or imported.

11 July 2012

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