A platform offshore Vietnam Production & Consumption

SE Asian LNG outlook bullish as upstream wanes

Southeast Asia's LNG demand is set to surge up to 2025 as regional hydrocarbon production falls by 25%.

By Damon Evans 16 April 2018
Imports

Thailand’s gas supply plan to clarify need for more LNG

Thailand’s demand for state-owned PTT’s project to double the capacity of its new LNG receiving terminal will not be clear until the government finalises a plan on the forecasted gas demand over the next two decades, an official at the Ministry of Energy’s Energy Policy and Planning Office (EPPO) told Interfax on Tuesday.

14 September 2011
Imports

Japan hopes to source LNG imports from the US by 2015

Japan hopes to import LNG from the United States from 2015, the Nikkei Daily reported on Wednesday.

14 September 2011
Exports

Russia and Belarus to sign gas deal in December

Russia and Belarus are preparing to sign a new deal on gas supplies in December, before the expiration of the current deal, Russian state gas export monopoly Gazprom said in a statement on Monday.

13 September 2011
Imports

Japanese imports of LNG reach record levels in August

The effects of Japan’s Tohoku earthquake are still being felt, with the country’s 10 utilities importing and consuming a record amount of LNG in the month of August.

13 September 2011
Imports

China imports 14 bcm of Turkmen gas via CACP - NEA

Turkmenistan has supplied 14 billion cubic metres (494 billion cubic feet) of natural gas to China since the Central Asia-China Gas Pipeline (CACP) went online in December 2009.

13 September 2011
Imports

The Cypriot Electric Authority mulls minority stake in LNG plant

The Electric Authority of Cyprus (EAC) met with Israel’s Delek Group and Texas-based Noble Energy on Monday to discuss the possibility of taking a stake in a planned LNG liquefaction plant in Cyprus, spokesperson Costa Gavrielides told Interfax today.

13 September 2011
Exports

Gazprom exports and production fall by over 10%

After a strong few months of year-on-year growth, Russia’s gas exports have fallen in early September. Why exactly is this happening?

13 September 2011
Exports

SOCAR gas exports increased by 62% in past 8 months

State Oil Company of the Azerbaijani Republic (SOCAR) exported 1. 9 billion cubic meters of gas between January and August, 61.9% more year-on-year, the company told Interfax.

13 September 2011
Exports

SOCAR looks to wrap up gas-transit talks with Turkey in September

The State Oil Company of the Azerbaijani Republic (SOCAR) will conduct its next round of negotiations with Turkey over issues involved in transiting Azerbaijan gas to Europe, head of the SOCAR foreign investment management division Vagif Aliyev told reporters in Baku on Monday.

12 September 2011
Exports

Turkmenistan, China developing energy cooperation

The Turkmen capital of Ashgabat hosted the first meeting of a Turkmen-Chinese subcommittee for energy co-operation on Friday.

12 September 2011
Forecasts

Gas glut will rapidly be absorbed – IEA chief

Maria van der Hoeven, executive director of the International Energy Agency, tells Andreas Walstad why she thinks the current gas over-supply situation in Europe will not last long, and that new proje

9 September 2011
Imports

Chance gas glut will last longer than 2015 – EUCER’s Frank Umbach

Interfax speaks to Frank Umbach, an Associate Director at the European Centre for Energy and Resource Security King’s College London, about how revolution in Egypt and Libya has impacted European en

9 September 2011
Forecasts

Economic Development ministry ups 2011 Russian gas-production forecast by 7 bcm

Russia's Economic Development Ministry has increased its forecast for gas production in 2011 by 7 billion cubic metres to 671 bcm, according to a ministry note attached to the 2012-2014 socioeconomic development forecast submitted to the Russian government.

9 September 2011
Imports

IEA says Japan’s LNG demand could jump 30 bcm in wake of Fukushima

The International Energy Agency (IEA) said this week that it is revising estimates of Japanese LNG demand growth by up to 30 billion cubic metres per year by the end of 2012, compared to 2010 levels, as a result of nuclear shutdowns following the Fukushima disaster.

9 September 2011
Forecasts

Global demand for LNG may create a very competitive market for buyers until 2015

The global LNG industry has grown at an unprecedented rate over the past two years, with first half 2011 production 41% higher than in the same period for 2009.

8 September 2011
Imports

CNPC to begin construction on third trunk line of CACP next year

China National Petroleum Corp. announced on Thursday that it plans to begin construction of a third trunk line to its Central Asia-China Natural Gas Pipeline (CACP) early next year.

8 September 2011
Forecasts

UK gas prices to stay below 80 p/th until 2017

UK gas prices are not expected to breach 80 pence per therm over the next seven years as economic growth is expected to remain low, according to a long-term forecast published on Tuesday by research and consultancy firm EnergyQuote.

6 September 2011
Imports

Indian gas-fired power plants suffer from shortages

India’s gas-fired power plants required about 82 million cubic metres per day (MMcm/d) to operate at full capacity as of 31 July, but they only consumed about 62 MMcm/d of gas because of supply shortages, the country’s Ministry of Power announced on Monday evening.

6 September 2011
Imports

Storage, economic woes to limit UK price rise

Although supply disruptions in Libya and Qatar and an increase in LNG demand from Japan have contributed to UK gas price increases, analysts believe that healthy storage levels may help put a lid on p

5 September 2011
Imports

Fujian sets floating price cap for spot market LNG

Fujian Province has pegged the price of LNG imports purchased on the spot market to the cost, insurance, and freight price under a regulation introduced on 1 September, a spokeswoman with the Fuzhou City pricing bureau told Interfax on Monday.

5 September 2011

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