A tanker off Indonesia. The country’s government is hoping to progress the Masela project. (SKKMigas) Exploration & Production

Masela edges forward despite political bluster

Inpex is finally making headway at its Masela development in Indonesia after months of political deadlock.

By Damon Evans 23 May 2017
Pipelines, Storage & Power

Pakistan’s Punjab province to get new 1.20 GW gas power plant

A 1.20 GW gas-fired power plant will be built in Pakistan’s Punjab province to meet its growing electricity needs.

11 May 2017
LNG

India’s gas consumption up 6.6% year on year

Record LNG imports pushed up India’s gas consumption over the 2016-2017 financial year.

11 May 2017
Exploration & Production

Four Asian countries resume gas exploration

The number of rigs drilling for gas in the Asia Pacific region increased by 10% month on month in April as four countries resumed exploration.

11 May 2017
Global Markets

Moon Jae-in wins South Korean elections

Moon Jae-in, who plans to boost his country’s use of gas and renewables while cutting back on coal and nuclear, was announced as the winner of the South Korean presidential election on Tuesday.

10 May 2017
LNG

First Gen makes play for 30% LNG terminal stake

Philippines-based First Gen Corp. is hoping to acquire a 30% stake in an LNG terminal being planned by the Philippine government

10 May 2017
LNG

South Korea’s shipbuilders show signs of recovery

South Korean shipbuilders are showing signs of recovery after a long period of stagnation.

10 May 2017
Exploration & Production

India to offer 26 unexplored fields

India is preparing to offer 26 unexplored oil and gas fields under the country’s newly unveiled Open Acreage Licensing Policy.

10 May 2017
Pipelines, Storage & Power

Tenaga Nasional wins $176 mln contract for Balloki power plant

Malaysia’s national electricity company Tenaga Nasional has secured a $176 million operations and maintenance contract for the Balloki gas-fired power plant in Pakistan.

10 May 2017
LNG

Midstream contracts signed for Fortuna FLNG

The midstream contracts have been signed for the Fortuna FLNG project in Equatorial Guinea, Ophir Energy has announced.

10 May 2017
India’s LNG market may not be mature enough to warrant a price index. (Petronet) LNG

SGX’s new DKI index meets with scepticism

Indian LNG buyers and analysts are unconvinced by Singapore’s new LNG index, saying the country’s market is not mature enough to warrant it.

10 May 2017
LNG

Global Energy Ventures targeting India for CNG

GEV is offering to supply Indian companies with CNG at a 25% discount to the price of imported LNG,

9 May 2017
LNG

Malaysia looks to Asia for LNG export expansion

Petronas is looking to expand the export markets for its LNG and is targeting Japan, India, Pakistan, Bangladesh and Southeast Asian nations.

9 May 2017
LNG

PTT plans second LNG terminal for Thailand

Thai company PTT plans to build a second LNG terminal in Thailand with a capacity of 7.5 mtpa.

9 May 2017
Companies & Finance

Thailand’s PTTEP suspends investment in Indonesia

PTT Exploration & Production has suspended investment in Indonesia in response to Jakarta filing a $2 billion lawsuit against the company.

9 May 2017
LNG

Pertamina expected to sign second swap deal for Corpus Christi LNG

Indonesia’s Pertamina is expected to sign an agreement with a portfolio seller by the end of the year to swap 0.7 mtpa of LNG for a period of five years.

9 May 2017
The Takahama nuclear power plant. Reactors 3 and 4 are scheduled to restart this month. (PA) Alternative Fuels

Growing gas demand will eclipse Takahama restart

The imminent restart of two reactors at the Takahama nuclear plant could be outweighed by other factors in Japan’s energy mix, experts say.

9 May 2017
LNG

Petronas FLNG to start commercial operations next month

Petronas’s FLNG project is expected to start commercial operations next month.

8 May 2017
LNG

US LNG among the most expensive for NE Asia

US LNG was among the more expensive cargoes delivered into Northeast Asia in the first months of 2017, but prices did not accurately reflect the costs of delivery.

8 May 2017
LNG

Bangladesh waives LNG terminal taxes

The government of Bangladesh has waived taxes, including VAT, for the country’s first LNG terminal.

5 May 2017
Pipelines, Storage & Power

Qatar signals interest in Pakistan pipeline

Qatar has expressed interest in building a pipeline from Karachi to Pakistan’s Punjab province to transport gas from LNG terminals at Port Qasim to areas in the north of the country

5 May 2017

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