A map of operational rigs in Asia Pacific targeting gas in August 2017 Exploration & Production

India and Australia lead exploration activity in Asia

India and Australia accounted for 72% of all rigs exploring for gas in the Asia Pacific region in August.

By Andrew Walker 22 September 2017
LNG

South Korea seeks to diversify LNG import sources

Kogas will start to take LNG from Iran as South Korea attempts to broaden its narrow base of suppliers.

21 September 2017
LNG

Chinese trucked LNG sales receive boost

Sales were up by 13.18% at the Ningbo, Qidong and Tangshan terminals, although sales at Qingdao were down by 3.7%.

21 September 2017
Global Markets

Southern Corridor TSOs expect gas demand growth

The TSOs of the nine countries in Europe's Southern Corridor Region expect a moderate increase in gas demand as gas-for-power takes hold.

20 September 2017
LNG

Chinese LNG prices up as PetroChina cuts feedstock

Wholesale prices for Chinese ex-works LNG inched up last week as the market responded to reduced output.

20 September 2017
LNG

Asian spot LNG prices remain above $6/MMBtu

Asian spot LNG prices stayed above $6.00/MMBtu last week for the second week running, closing at $6.02/MMBtu on Friday.

19 September 2017
Pipelines, Storage & Power

GreenStream and Maghreb-Europe growth offsets falls

North African pipeline exports to Europe rose by 3.9% week on week in Week 37, to 505.1 MMcm.

19 September 2017
LNG

Singapore steps up imports and reloads

Singapore’s LNG imports were up by 66% year on year in July, but reloads are also increasing.

18 September 2017
Exploration & Production

Kuwait, Pakistan drilling balances drop elsewhere in Middle East

The number of rigs targeting gas fell in Oman and Egypt in August, but rose in Kuwait and Pakistan.

15 September 2017
LNG

Asian LNG demand up 15% in H1 2017

Asia’s LNG imports increased across seven importing countries in H1 2017, rising by an average of nearly 15% year on year.

14 September 2017
LNG

Inventory-building to boost Chinese LNG prices

Strong demand driven by inventory-building will see Chinese ex-works LNG prices increase by an average of 3.92% week on week.

14 September 2017
Pipelines, Storage & Power

Russia increases gas flows through Ukraine

Gazprom plans to up flows via Ukraine in response to maintenance on Nord Stream, but Naftogaz says significant order fluctuations are not covered by the contract between the companies.

13 September 2017
LNG

Drop in pipeline gas and LNG trade on SHPGX

Pipeline gas transactions on the Shanghai Petroleum and Gas Exchange fell by 78 MMcm last week while LNG trades dropped by more than 6,500 tons.

13 September 2017
LNG

Asian LNG prices top $6/MMBtu ahead of winter

Spot LNG prices in Asia were supported last week by stockpiling in preparation for winter.

12 September 2017
Pipelines, Storage & Power

North African pipeline volumes to Europe fall by 12%

Pipeline gas exports from North Africa to Europe were down to 486 MMcm last week as Italian deliveries dropped.

12 September 2017
LNG

Japan’s LNG mix shifts east

Japan is importing more LNG from suppliers in Asia and is gradually turning its back on volumes from the Middle East.

11 September 2017
Exploration & Production

Mexico’s non-associated gas in freefall

Pemex invested 35% less in H1 2017 than it did in H1 2016, as the state-run company cuts back sharply on E&P.

11 September 2017
LNG

Chinese LNG output set to increase in September

China’s LNG output is forecast to increase by 11.71% in September from the previous month, to 1.43 bcm.

7 September 2017
LNG

Japan and South Korea boost LNG imports for summer

South Korea’s LNG imports increased by 42% year on year in July, while Japan’s were up by 3.6%.

7 September 2017
Supply & Demand

Global gas supply to peak by 2035 – DNV GL

The world's gas supply will peak by 2035, when gas will be the world’s single-largest source of energy, according to a DNV GL report.

6 September 2017
LNG

Chinese wholesale LNG prices edge upwards in August

Wholesale LNG prices in China averaged $9.33/MMBtu in August, up by 0.19% from July, as several plants in the northwest suspended production.

6 September 2017

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