Woodside’s North Rankin Complex in Western Australia. The company hopes to tap Timor Sea reserves. (Woodside) Exploration & Production

Signs East Timor softening Greater Sunrise stance

East Timor has insisted for the past five years that the Greater Sunrise fields be developed on its shores or not at all, but this commitment may be wavering.

By Damon Evans 21 March 2017
Exploration & Production

PTTEP to sell interest in Myanmar project to Total

Thailand’s PTTEP has entered into an agreement with Total to divest a 50% participating interest in the Myanmar MD-7 project.

10 March 2017
LNG

Petronas signs LNG supply deal

Malaysia’s Petronas has signed a 10-year deal to supply LNG to Hokkaido Electric Power through its subsidiary Malaysia LNG.

10 March 2017
Pipelines, Storage & Power

India plans for 20% gas-fired power by 2025

India has set targets for the country’s energy mix by 2025, with the use of gas planned to increase to 20% compared with 11% in 2020.

9 March 2017
LNG

Japan’s Marubeni looking to invest in Bangladeshi LNG terminal

Japan’s Marubeni is keen to invest in an LNG terminal in the city of Chittagong in Bangladesh.

9 March 2017
Global Markets

Chinese survey ships enter Philippine waters

Chinese survey ships have entered waters in the South China Sea that are recognised by the UN as Philippine territory.

9 March 2017
LNG

BP planning to shut down Tangguh Train 2 for maintenance

BP is planning to shut down Train 2 of Indonesia’s Tangguh LNG plant for nearly two months for maintenance

9 March 2017
A tanker off the Indonesian coast. The country’s upstream sector needs better cooperation, analysts say. (SKKMigas) Policy & Regulation

Political risks rising across Southeast Asia

Increasing political volatility in countries such as Indonesia and Thailand will raise the risk profile for investors, analysts say.

9 March 2017
LNG

South Korean LNG demand increases 28%

Winter weather boosted Northeast Asia's LNG imports in January, with Japan and South Korea both seeing significant growth.

9 March 2017
The Indonesian government hopes to encourage the use of renewables in remote provinces. (Flickr, Bart Speelman) Global Markets

Gas could help solar shine in eastern Indonesia

New Indonesian energy price regulations will boost coal use but could offer gas an opportunity to support solar in the country’s east.

8 March 2017
Pipelines, Storage & Power

Pakistan has 30 months to finish Iran pipeline after sanctions end

Pakistan will have 30 months to complete the Iran-Pakistan pipeline from when sanctions on Iran are lifted.

8 March 2017
Exploration & Production

Petrobangla to award Posco Daewoo DS-12 exploration licence

Bangladesh’s state oil company, Petrobangla, will award an exploration licence to South Korea’s Posco Daewoo International on 14 March for the DS-12 deepwater gas block.

8 March 2017
LNG

New LNG must be profitable under $10/MMBtu – Jera

Yuji Kakimi, president of Japan’s Jera, has said new LNG export projects need to be profitable at below $10/MMBtu to ensure the continued growth of LNG demand around the world

8 March 2017
Alternative Fuels

Kyushu nearing restarts at Genkai nuclear reactors

Japan’s Kyushu Electric Power could clear all the hurdles necessary to restart its second nuclear power plant this month

8 March 2017
LNG

Bangladesh on track to stop gas shortages – minister

Bangladesh’s commerce minister, Tofail Ahmed, has said Bangladesh will secure sufficient quantities of LNG to prevent gas shortages by 2018.

7 March 2017
LNG

Sui Southern Gas and Engro agree on extra LNG for Pakistan

Pakistan’s Sui Southern Gas Co. and the Engro LNG terminal company have entered into an agreement for the regasification of an extra 5.66 MMcm/d of gas at the Port Qasim FSRU.

7 March 2017
Exploration & Production

India offers HELP to explorers

India has announced a new hydrocarbon licensing policy that will offer a single licence for the exploration of conventional and unconventional oil and gas resources.

7 March 2017
LNG

India could buy LNG and oil from US in future – minister

India could increase the volume of LNG it imports from the US but it would need to be at the right price, a report cited Indian Oil Minister Dharmendra Pradhan as saying.

7 March 2017
Companies & Finance

Zhenhua Oil after Chevron’s assets

China’s Zhenhua Oil is in talks to purchase some or all of Chevron’s Bangladesh assets.

6 March 2017
Pipelines, Storage & Power

Tripura to sell power to Bangladesh

The Indian state of Tripura is set to sell 60 MW of excess electricity to neighbouring Bangladesh, taking total power exports to 160 MW.

6 March 2017
Pipelines, Storage & Power

Myanmar discoveries boost pipelines hopes

New discoveries offshore Myanmar are helping to revive plans for the Myanmar-India-Bangladesh pipeline.

6 March 2017

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