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Companies & Finance

Myanmar Oil and Gas lacks transparency and accountability - Aung San Suu Kyi

Myanmar’s opposition leader, Aung San Suu Kyi, said on Thursday that state-owned Myanmar Oil and Gas Enterprise (MOGE) lacked transparency and accountability and called on foreign companies not to enter joint ventures with it until the company improves, Reuters reported.

14 June 2012
Exploration & Production

PetroVietnam, Vietsovpetro agree to further cooperation in South Vietnam

A PetroVietnam subsidiary and the Russian-Vietnamese joint venture Vietsovpetro have agreed to further cooperate to maintain gas projects in the southern Vietnamese province of Binh Thuan, the Vietnam News Brief Service reported on Thursday.

14 June 2012
Exploration & Production

Naftogaz Ukrainy looks to tempt Petronas to Black Sea shelf development

Ukraine's national oil and gas company, Naftogaz Ukrainy, is interested in working with Malaysia's Petronas on the development of the deepwater part of Ukraine's Black Sea shelf, the company has said.

13 June 2012
Companies & Finance

Gail refocuses on higher imports, more pipelines

India’s largest distributor, Gail, is looking to quickly secure more LNG imports and expand its already vast pipeline network in order to accommodate more supplies.

12 June 2012
Supply & Demand

Qatargas to supply Tepco with additional 1 mpta

Qatargas has agreed to supply Tepco with an additional 1 million tons per annum (mtpa) of LNG on a long-term basis starting from August, Qatargas and Tepco announced on Monday.

11 June 2012
LNG

Shell looks at LNG import potential in the Philippines

Royal Dutch Shell has agreed to look into the possibility of building an LNG regasification terminal in the Philippines, setting in motion what could become the country’s second import facility.

11 June 2012
Exploration & Production

Low prices threaten to keep Bangladeshi E&P sluggish

A lack of coordination on pricing and development could slow Bangladesh’s gas exploration and production, experts have told Interfax.

11 June 2012
LNG

Game-changing theories

The World Gas Conference wrapped up on Friday on a more optimistic note than three years previous in Argentina.

8 June 2012
Supply & Demand

De Margerie to visit Myanmar

Total’s Chief Executive Christophe de Margerie said he is planning to visit Myanmar during a press conference on the final day of the World Gas Conference in Kuala Lumpur.

8 June 2012
Supply & Demand

Conditions on China-Myanmar pipeline route 'very dangerous'

The territory through which China National Petroleum Corp. (CNPC) is constructing its twin-pipeline project in Myanmar is “very dangerous,” a source with knowledge of the matter told Interfax at the World Gas Conference.

8 June 2012
Policy & Regulation

Pakistan hopes to lure Gazprom, other foreign majors

In the hopes of attracting more foreigners to its gas sector, Pakistan is in talks with the likes of Gazprom about funding the proposed TAPI pipeline and taking part in new exploration and production ventures.

8 June 2012
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

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