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Supply & Demand

Japan LNG consumption may jump by 2030

Japan’s LNG use will jump considerably by 2030 if plans to shake up the country’s energy sector are implemented, Mitsunori Torihara, the chairman of The Japan Gas Association (JGA) told delegates on Thursday at the World Gas Conference in Kuala Lumpur.

7 June 2012
LNG

Santos, Conoco welcome ‘Asian flavour’ to their Timor Sea LNG project

ConocoPhillips and Santos have finalised a deal to sell 37.5% of their Barossa and Caldita gas discoveries offshore Australia to South Korea’s SK E&S, adding “robustness” to their LNG project ambitions, Santos said on Thursday.

7 June 2012
Pipelines, Storage & Power

South Asia builds pipelines as it gears up for gas boom

South Asian countries are pushing infrastructure expansion to the top of their priority lists as they tout their region as the new hub of gas sector investments and projects.

7 June 2012
Exploration & Production

Catching the Asian gas boom

Interfax caught up with Fereidun Fesharaki, chief executive of the consulting agency FACTS Global Energy, on the third day of the World Gas Conference in Kuala Lumpur to discuss some of the event’s overriding themes so far.

6 June 2012
Policy & Regulation

Indonesia, Malaysia mull subsidies, market prices

Indonesia and Malaysia are taking small steps to raise their subsidised energy prices closer to international levels, in an attempt to balance the industry’s demand for higher prices and the need to support their speedy economic growth.

6 June 2012
Supply & Demand

Walk the talk on gas – RasGas CEO urges EU

The European Union needs to overhaul its regulatory structure to promote gas as a clean energy source and “back up the talk [of reducing carbon emissions] once and for all”, RasGas Chief Executive Hamad Rashid al-Mohannadi said in his keynote address to the World Gas Conference on Wednesday.

6 June 2012
Supply & Demand

Japan’s LNG facilities ‘safer’ than nuclear

The limited damage sustained by Japan’s LNG industry following the March 2011 earthquake and tsunami is testament to its safety, Nobuhiko Takei, the production technology manager of the Japan Gas Association, told Interfax.

6 June 2012
Companies & Finance

Catching the Asian gas boom

Interfax caught up with Fereidun Fesharaki, chief executive of the consulting agency FACTS Global Energy, on the third day of the World Gas Conference in Kuala Lumpur to discuss some of the event’s overriding themes so far.

6 June 2012
Exploration & Production

Shell, Exxon see unconventional future

Royal Dutch Shell Chief Executive Peter Voser and ExxonMobil Chief Executive and Chairman Rex Tillerson trumpeted the potential of global unconventional gas resources in their keynote speeches to the World Gas Conference in Kuala Lumpur on Tuesday.

5 June 2012
Global Markets

The gas sector’s Chinese Olympics

Malaysia puts on a stellar show as 5,000 delegates pour in for the week-long 25th World Gas Conference.

5 June 2012
LNG

Construction on Shell’s Prelude FLNG now underway

Cutting on the steel that will create Royal Dutch Shell’s mammoth Prelude floating LNG (FLNG) project got underway last month in Dubai, marking the beginning of construction for a project that has been close to two decades in the making.

5 June 2012
Supply & Demand

Europe, Asia unlikely to see US-like unconventional development through to 2017

A mixture of geological, technological and regulatory issues will prevent Europe and Asia from enjoying a boom in unconventional gas supply such as that seen in the United States, at least through to 2017, the International Energy Agency said on Tuesday.

5 June 2012
Companies & Finance

PetroVietnam and SK Holdings sign MoU

PetroVietnam and South Korea’s SK Holdings have signed a memorandum of understanding under which SK Holdings would participate in PetroVietnam’s energy projects, including oil and gas exploration production, coal-fired power generation development and oil processing, the Vietnamese firm announced on Thursday.

5 June 2012
LNG

Malaysia kicks off a new era of LNG imports

With a video and soundtrack that could rival the trailer of a Hollywood summer blockbuster, a five-second countdown and three official strikes of the gong, the Malaysian prime minister and top Petronas officials on Monday launched their country’s first LNG terminal, in tandem with the start of the week-long World Gas Conference in Kuala Lumpur.

4 June 2012
Supply & Demand

World Gas Conference starts in Kuala Lumpur

The Malaysian Prime Minister Najib Razak opened the 25th World Gas Conference in Kuala Lumpur on Monday by promoting gas as the fuel most suited to promote continued economic growth while also cutting carbon emissions.

4 June 2012
Exploration & Production

Fuelling India’s CBM output

S Narsing Rao, chairman of state-owned Coal India, spoke to Siddharth Srivastava about the prospects for unconventional gas production in India and possible changes to the pricing system.

1 June 2012
Supply & Demand

Asian LNG spot market begins to take shape

With Asian gas demand and LNG import capacity steadily rising, the LNG spot market is beginning to take shape. Nevertheless, analysts still differ on whether it is, or will ever truly be, deserving of the name

31 May 2012
LNG

Be patient, Washington tells Tokyo

Washington has urged Tokyo to be patient about gas supply, a newspaper said on Wednesday, in a sign that United States domestic politics is directly affecting Japanese energy policy.

31 May 2012
Exploration & Production

The Krishna Godavari D6 Block cost-recovery battle

The long-running argument between India and Reliance Industries over production from the Krishna Godavari D6 Block has flared again, with the government moving to limit the company’s cost-recovery.

30 May 2012
Companies & Finance

Indonesia oil, gas investment to exceed $15.8 bln – BPMigas

Indonesia’s upstream regulator BPMigas expects investment to its target of $15.8 billion this year.

30 May 2012

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