Production is declining at Myanmar’s offshore Yetagun and Yadana fields. (Total) LNG

High cost of LNG poses problem for Myanmar

Myanmar’s government could struggle under the high cost of subsidising LNG if the country’s planned import projects are all built.

By Andrew Walker 14 February 2018
Companies & Finance

PV Power raises $311 mln for Vietnamese government through IPO

PetroVietnam’s PV Power subsidiary has raised $311 million for the government through the sale of a 20% stake.

1 February 2018
Military vehicles in Kandahar province, Afghanistan, May 2017. Pipelines, Storage & Power

Afghan security situation leaves TAPI in doubt

Construction work on the Afghan section of TAPI is expected to begin this month, but the project faces serious security concerns that will make progress difficult.

1 February 2018
LNG

Japan’s LNG imports stay flat in 2017

There was little change in the volume of LNG imported by Japan last year despite nuclear restarts.

1 February 2018
LNG

ADB to advise Philippines on Batangas LNG project

The Asian Development Bank will act as a transaction adviser for the Philippines’ first LNG import project.

31 January 2018
Pipelines, Storage & Power

Yunnan used 450 MMcm of gas from Myanmar in 2017

The southern Chinese province consumed 450 MMcm from Myanmar in 2017 and aims to use 1 bcm in 2018

31 January 2018
Exploration & Production

Pertamina awards $10 bln refinery contract to Japan-Oman consortium

Pertamina has announced it will award a $10 billion contract for a refinery project in East Kalimantan to a consortium of Omani and Japanese companies

31 January 2018
Exploration & Production

Shell selling Bongkot gas field stake to PTTEP

Shell has announced it will sell its stake in Thailand’s Bongkot gas field to PTTEP for $750 million.

31 January 2018
LNG

ADB to advise on Philippines’ LNG hub project

The Asian Development Bank has signed an agreement with Philippine National Oil Co. to act as transaction adviser for the country’s LNG hub project.

30 January 2018
Exploration & Production

Bangladesh starts gas production at North 1 field

Bangladeshi state oil and gas company PetroBangla has started experimental gas production from the North 1 field at Bheduria in the Bhola district.

30 January 2018
LNG

Bangladesh in talks to import LNG from Indonesia

Bangladesh signed an agreement with Indonesia on Sunday to open talks on importing LNG.

30 January 2018
Companies & Finance

PetroVietnam selling 30% of PV Gas

PetroVietnam is to sell 30% of its energy subsidiary PV Gas to a strategic partner

29 January 2018
Companies & Finance

Mitsui makes offer for AWE

Japan’s Mitsui has made a $481 million offer to buy Australia’s AWE, making it the largest bid for the company

29 January 2018
LNG

South Korea’s LNG imports rise by 12% in 2017

Imports grew by double-digits last year as new storage capacity came online and policy shifted away from coal.

29 January 2018
Shale gas production in the Marcellus. Exploration & Production

Thailand’s Banpu eyes more US shale gas deals

The company is looking to expand its presence in US shale, an increasingly attractive area for Asian investors.

29 January 2018
LNG

Singapore’s net LNG imports up 28% in 2017

Singapore’s gross LNG imports grew by 34% in 2017, but higher utilisation rates at its reload facilities meant net imports were significantly lower.

26 January 2018
Pipelines, Storage & Power

Bangladesh awards pipeline construction contracts

The Bangladeshi government has picked the lowest bidders for the construction of a 181-km gas pipeline to transport regasified LNG.

25 January 2018
Exploration & Production

Bach Ho field depletion ratchets up pressure on Vietnam

The depletion of Vietnam’s biggest oil field is putting pressure on the country’s hydrocarbon industry to conduct more exploration.

25 January 2018
Supply & Demand

Tokyo Gas to reduce Malaysian imports when contract expires

Tokyo Gas will cut the volumes it imports from Malaysia when its contract expires this year.

25 January 2018
Exploration & Production

Tensions rise in Sarawak government over Beryl field deal

The decision to award JX Nippon Oil and Energy the rights to the Beryl oil and gas field offshore Sarawak has created tension in the Malaysian state’s government.

25 January 2018
LNG

South Korea to increase imports of Russian LNG

South Korea plans to increase LNG imports from Russia, according to the Ministry for the Development of the Russian Far East.

25 January 2018

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