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The Incheon LNG terminal in South Korea. LNG

LNG prices pose long-term problem for Asian buyers

LNG in Asia needs to be priced considerably cheaper than it is now for the fuel to stand a chance of making in-roads into the region’s energy mix in the long term.

5 December 2018
Exploration & Production

Philippine court rules against Palawan’s Malampaya claim

The Supreme Court of the Philippines has ruled Palawan province is not entitled to a share of earnings from the Malampaya gas project.

4 December 2018
Alternative Fuels

Indian LPG uptake reaches 89% of households

The share of Indian households using LPG reached 89% in October 2018 – a huge increase from the figure of 56.2% recorded in April 2015

4 December 2018
Exploration & Production

Japan lodges protest against Chinese drilling in East China Sea

Japan has lodged a protest with China against exploration taking place at a gas field in a contested area of the East China Sea.

4 December 2018
Alternative Fuels

Taipower to delay return of unused Lungmen fuel rods

Taiwan’s state power company will postpone the return of unused fuel rods intended for use at Taiwan's mothballed Lungmen nuclear plant to the US.

4 December 2018
LNG

Papua LNG could start producing in 2024

Production from Papua LNG could begin in 2024, the managing director of Total E&P PNG has said.

4 December 2018
Policy & Regulation

Pakistan committed to industrial gas supplies – minister

Pakistan’s petroleum minister has said the government is committed to providing industry with an uninterrupted supply of gas.

4 December 2018
The BW Singapore FSRU LNG

Pakistan targets third terminal startup in 2020

Pakistan’s third LNG terminal has had to delay its planned startup by a year.

3 December 2018
LNG

Vitol signs HOA for 0.8 mtpa of LNG from Malaysia’s Petronas

Swiss trading house Vitol has signed a heads of agreement to buy up to 800,000 tpa of LNG for as long as 15 years from Malaysia’s Petronas

30 November 2018
LNG

South Korea’s Posco Daewoo signs MOU on LNG with Brunei

Posco Daewoo has signed an MOU with Brunei National Petroleum Co. to develop LNG solutions

29 November 2018
China’s Ningbo LNG terminal. LNG

Pipeline constraints could hinder Asian LNG imports

South Asia will struggle to replace China as a growth engine for absorbing all the new volumes of LNG set to be brought online next year.

29 November 2018
LNG

Thailand’s LNG imports decline in October

Volumes dropped by 17% in October, with four cargoes being delivered over the month.

29 November 2018
LNG

Exxon could double PNG LNG’s export capacity

ExxonMobil could double the export capacity of the PNG LNG facility in Papua New Guinea, a company executive has said

27 November 2018
LNG

Vopak to increase stake in Pakistan LNG terminal

Royal Vopak will increase its prospective stake in the owner of Pakistan’s first LNG terminal to 44%

27 November 2018
Companies & Finance

Petronas pays higher dividend to Malaysia

Petronas has increased the dividend it pays to the Malaysian government after its profits surged in Q3

27 November 2018
LNG

SSB Cryogenic signs deal to expand small-scale LNG

Singapore’s SSB Cryogenic Services has signed a $50 million collaboration agreement with Global Petro Storage Singapore to expand and develop small-scale LNG supply chains

27 November 2018
Companies & Finance

Foresight Group to invest $500 mln in Indian oil and gas

Foresight Group has announced it will invest $500 million in India over the next five years in upstream oil and gas projects

27 November 2018
Taiwanese anti-nuclear deomnstrators Alternative Fuels

LNG the winner as Taiwan rejects coal in referendum

Taiwan will not build any more coal-fired power plants following a referendum that showed strong opposition to doing so.

27 November 2018
An FSRU in Argentina LNG

Can Bangladesh stomach more LNG as costs bite?

Doubts are surfacing about Bangladesh's ability to absorb additional LNG given the recent cancellation of another FSRU project in the country.

27 November 2018
LNG

Taiwan takes delivery of first Ichthys LNG cargo

Taiwan received its first cargo from Inpex’s Ichthys LNG project in Western Australia on Monday.

26 November 2018

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