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LNG

Indonesian President Joko Widodo at an election rally in April 2019.

FLNG still an option for Indonesia’s Abadi field

The Indonesian government may reconsider FLNG as an option for the Abadi gas field as progress on the planned onshore development has been slow.

9 May 2019 Asia Pacific

Japan LNG demand to rise as nuclear shuts down

The shutdown of Japan’s nuclear power plants beginning from next year will see the country turn back to LNG to meet power demand.

9 May 2019 Asia Pacific
The Anadarko logo on a screen at the New York Stock Exchange.

‘Superior’ Oxy Anadarko bid to see Total take on Moz LNG

Mozambique LNG will reach an FID in mid-June regardless of whether Occidental or Chevron take over Anadarko, but an Oxy buy-out would see Total acquire the asset.

8 May 2019 Middle East & Africa

Singapore’s LNG imports up 27% year on year in March

Singapore’s LNG imports hit their fifth-highest level on record in March as the country received the equivalent of five cargoes.

8 May 2019 Asia Pacific

Chongqing exchange sees no LNG sales again in April

No LNG was sold on the Chongqing exchange for the fourth consecutive month in April, while the fuel was traded for only a single day on the Shanghai exchange

8 May 2019 Asia Pacific
CNOOC's LNG terminal in Tianjin

Australian dominance grows as China’s LNG imports rise

Australia increased its share of China’s LNG imports in Q1 2019 year on year, while China's LNG and pipeline imports both continued to grow at double-digit rates.

7 May 2019 Asia Pacific

Taiwan leads Asian spot LNG price decline

The price of spot LNG in Asia fell by an average of around 6% in April, with Taiwan seeing the biggest drop.

7 May 2019 Asia Pacific
The Netherlands' Gate LNG terminal

Strong growth in Europe’s US LNG imports may not last

Exports of US LNG to Europe have been strong so far this year, but it remains doubtful that the trend will continue despite US vows to ease export restrictions.

3 May 2019 Europe & Russia
A drillship at work on the Leviathan field.

Leviathan accentuates Israel's need for gas exports

Israel wants to pin down a viable option for gas exports as commercial production from its Leviathan project becomes imminent.

3 May 2019 Middle East & Africa

China to cut LNG output ahead of public holiday

Plants in the north of the country are expected to reduce production for the Labour Day holiday.

2 May 2019 Asia Pacific
A fleet of Chinese LNG tanker trucks

Idle trucks point to China’s LNG overcapacity

A large proportion of China’s LNG freight fleet was idle last year after suppliers rushed to procure vehicles only to be caught out by softer-than-expected demand.

2 May 2019 Asia Pacific
Höegh Grace FSRU

JERA targets LNG imports in eastern Australia

The company's plans for an FSRU at Port Kembla have been approved by authorities in New South Wales, with LNG imports due to begin from 2020.

2 May 2019 Asia Pacific
An Anadarko rig off Mozambique

Anadarko pushes Moz LNG FID as Oxy talks start

Occidental’s takeover of Anadarko could delay the Mozambique LNG project, putting pressure on the sponsors to sign off on the plant now

2 May 2019 Middle East & Africa

Japanese LNG imports down 9% year on year in Q1

Higher nuclear capacity and mild weather led to a downturn in Japan’s intake of LNG over the first quarter of this year.

1 May 2019 Asia Pacific

Chinese ex-works LNG price down 1.6%

The average price hit RMB 3,722 per ton last week as 42 plants cut prices

1 May 2019 Asia Pacific

Asian spot LNG prices fall by more than 5%

Prices averaged $5.34/MMBtu at the end of last week compared with $8.01/MMBtu at the same time last year

30 April 2019 Asia Pacific
Excelerate Energy's Excelerate and Excelsior vessels in Argentina.

Petrobangla to face financial strain from higher LNG imports

The delivery of Bangladesh’s second FSRU last week will increase the burden on Petrobangla, which sells gas into the domestic market at a loss.

29 April 2019 Asia Pacific

Taiwan’s LNG imports down 2% in Q1

Volumes fell by 2% year on year in Q1 2019 as imports hit multi-year highs and lows in January and February respectively.

29 April 2019 Asia Pacific
Novatek's Yamal LNG project during its construction phase.

China-Russia energy ties deepen with Arctic LNG 2 farm-in

Novatek’s sale of a 20% stake in the Arctic LNG 2 project to CNOOC and CNPC will allow the Chinese NOCs to participate in an attractive world-scale liquefaction project.

26 April 2019 Asia Pacific
A nuclear power plant in Japan

Risks to Japanese nuclear could boost LNG imports

Japan could see some of its operational nuclear reactors shut down next year, a move that will likely lead to a rise in the country’s LNG imports.

25 April 2019 Asia Pacific

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