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Companies & Finance

Kogas boosts domestic gas sales by 35% in May

South Korea’s Kogas increased domestic gas sales by 35.1% on an annual basis in May, to 2.35 mt of LNG equivalent

12 June 2018
Exploration & Production

Repsol sells upstream PNG assets to Chinese company

Spain’s Repsol has agreed to sell its upstream assets in Papua New Guinea to a subsidiary of China Changcheng Natural Gas Power

12 June 2018
LNG

ADB to advise on Philippine LNG terminal plans

The Asian Development Bank will conduct a study looking at the viability of the Philippines’ proposed LNG terminal

12 June 2018
Exploration & Production

Sabah Law Society offers assistance in Malaysian reserve claims case

The Sabah Law Society is offering to assist Sabah state if it wishes to intervene in a legal case between Sarawak and Petronas

11 June 2018
Policy & Regulation

Gas may be included in India’s Goods and Services Tax

The council that oversees India’s Goods and Services Tax will consider including gas under the scheme at its next official meeting.

11 June 2018
Exploration & Production

Synthetic gas projects planned in Odisha

Indian Petroleum Minister Dharmendra Pradhan plans to establish two synthetic gas projects in the state of Odisha.

11 June 2018
Policy & Regulation

Japan seeing boost to power trading as new companies seek low-cost supply

Power trading is taking off in Japan as new entrants force the old regional monopolies to become more competitive

11 June 2018
Exploration & Production

Japan offers loans to encourage infrastructure exports

Japan is looking to offer generous loans to meet its infrastructure export target of ¥30 trillion by 2020.

11 June 2018
LNG

India’s LNG imports up 13% in FY 2017-2018

The country imported more than 20 mt of LNG over the period, but prices were significantly higher.

11 June 2018
Pipelines, Storage & Power

Russia and Pakistan sign MOU on pipeline feasibility study

Moscow and Islamabad have signed a memorandum of understanding to conduct a feasibility study for an offshore gas pipeline that could involve Pakistan, Iran, Russia and India

8 June 2018
Policy & Regulation

Bangladesh earmarks nearly $3 bln for power and energy over 2018-2019

Bangladesh’s Finance Ministry has allocated $2.9 billion for the development of the power and energy sector in its 2018-2019 budget

8 June 2018
Exploration & Production

Oil Search hits gas at Kimu 2 well

Papua New Guinea-focused oil and gas company Oil Search has encountered gas in appraisal well Kimu 2

8 June 2018
LNG

Saipem and CTCI win contract for Thai LNG terminal

A joint venture of Italy’s Saipem and Taiwan-based CTCI has been awarded the EPC contract for the 9 mtpa Nong Fab LNG terminal in Thailand

8 June 2018
Exploration & Production

Total unlikely to re-enter Indonesia’s Mahakam block

Total is unlikely to re-enter the Mahakam block in Indonesia.

7 June 2018
LNG

SK E&S signs up to build LNG infrastructure in the Philippines

SK E&S has signed a letter of intent with the Philippine Department of Energy to build LNG infrastructure.

7 June 2018
Policy & Regulation

Bangladesh budget to boost power and energy sectors

The power and energy sectors are expected to feature prominently in Bangladesh’s new budget.

7 June 2018
LNG

South Korean LNG imports decline by 25% in April

South Korea’s LNG imports fell by 25% in April largely a result of warmer temperatures and lower demand for energy during the spring.

7 June 2018
Policy & Regulation

Duterte draws red lines on South China Sea

Duterte has put forward a number of ‘red lines’ that would lead his country to go to war in the South China Sea.

6 June 2018
Companies & Finance

Malaysian finance minister reports ‘suspicious’ payments by former govt

The government of former Malaysian Prime Minister Najib Razak made large upfront payments to a subsidiary of CNPC for two pipeline projects that remain largely unfinished.

6 June 2018
LNG

Keppel receives contract for Singapore bunkering vessel

Keppel Offshore & Marine has received a contract to build Southeast Asia’s first LNG bunkering vessel for FueLNG.

6 June 2018

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