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Asia Pacific

Project Insights
The Pacific Breeze tanker at Ichthys LNG

Rapid ramp-up gives Inpex room to plan Ichthys future

With production at Australia’s Ichthys LNG close to reaching nameplate capacity, Japanese operator Inpex can begin to plan the project’s next phase of development.

20 hours ago LNG
one of Exxon's offshore platforms

Exxon could sell out of Vietnam’s Blue Whale

ExxonMobil may turn its back on the 150 bcm Blue Whale project offshore Vietnam, a move that would make commercial sense and pave the way for new LNG terminals.

2 days ago Exploration & Production
An LNG tanker at China's Rudong terminal.

Singapore’s PO&G expands presence in China

Pacific Oil & Gas is developing a new LNG terminal in western Guangdong that will give the company a second LNG import base in China.

2 days ago LNG
The Gorgon LNG project.

Japanese utilities eye Aussie FLNG project

Osaka Gas has become the second Japanese utility to join Transborders’ FLNG project off Western Australia as Japanese buyers look for smaller, competitively priced volumes.

3 days ago LNG
Vladimir Putin and Alexei Miller. (Kremlin)

Russia backs Mongolian route to boost exports to China

A pipeline transiting Mongolia has commercial logic and the political backing of Moscow and Ulaanbaatar but could be a tough sell to China, which may prefer a western route.

13 September 2019 Pipelines, Storage & Power
A Mahakam Block drilling rig

Indonesian gas exports set to hit 20-year low

Piped gas and LNG exports from Indonesia are expected to hit a two-decade low in 2019 as NOC Pertamina is struggling to revive falling production from the Mahakam field.

12 September 2019 Exploration & Production
CNOOC Gas & Power Group's LNG-fired power plant in Guangdong province

Power exchange no fix for Guangdong gas power

The commercial prospects of the gas-to-power sector in Guangdong province remain dim, nearly three years after local power producers were permitted to seek better prices for their output on a regional exchange.

12 September 2019 Pipelines, Storage & Power
A tanker docked at PNG LNG

Papua LNG one step closer to FID after Total agrees concessions

Total has moved nearer to making FID on the project in early 2020 after agreeing a series of last-minute concessions with PNG’s new government.

6 September 2019 LNG
The Malampaya project in the Philippines

First Gen eyes first Philippine LNG imports in 2021

The company has accelerated plans for the country’s first LNG imports, which it will aim to secure through short-term deals.

6 September 2019 Supply & Demand
Australia's Darwin LNG plant

Investors see rising climate risks in Aussie LNG

As global emissions continue to increase, climate risk is rising up the agenda of Australia’s financial community, which is worrying that investment in fossil fuels could be jeopardised.

5 September 2019 LNG
An offshore platform at the Bayu-Undan field

Big decisions for East Timor as treaty is ratified

The maritime boundary treaty between East Timor and Australia has been ratified, giving the Southeast Asian nation control over valuable assets in the Timor Sea, but a strategic plan for further development is lacking.

5 September 2019 Exploration & Production
An pipelaying vessel working on the PNG LNG project

PNG’s clearance of Pasca field signals more to come

Papua New Guinea’s government has approved the country’s first offshore gas field development as it presses ahead with plans to gain more control over and rewards from its rich resources sector.

2 September 2019 Exploration & Production
PetroChina infrastructure at the Tulia oilfield

China’s NOCs increase production amid US trade spat

Gas production growth shined at China’s big three state energy giants in the first half of this year as they heeded the Chinese leadership’s call to boost domestic output.

2 September 2019 Exploration & Production

South Korea’s LNG imports rise in July

Imports rose in July after strong declines in H1.

29 August 2019 Supply & Demand
Chinese gas storage tanks

China’s gas demand rebounds to calm slowdown fears

China’s gas demand got back on track last month with the strongest annual growth seen in months, easing fears over a sharp decline in growth amid the US-China trade spat and higher domestic prices.

29 August 2019 Supply & Demand
Yanchang Gas's Yanchuan LNG plant

Domestic supply bolsters China’s LNG output

An increase in the domestic supply of feedstock gas helped unleash production at China’s LNG plants in H1 2019, but the increased supply has weighed on the industry’s profitability.

29 August 2019 Supply & Demand
The Haiyang Dizhi 8 survey ship.

US weighs in on renewed China-Vietnam tensions in South China Sea

Energy relations between the United States and China have deteriorated further after Washington condemned Chinese exploration in disputed waters offshore Vietnam.

27 August 2019 Exploration & Production
A Wheatstone LNG cargo heading to Japan

Port Kembla JV scales up LNG import plans

To head off possible gas supply shortages, the NSW government has endorsed the two LNG import concepts planned north and south of Sydney.

22 August 2019 Supply & Demand
Development at Fuling shale gas field

Huadian’s exit puts NOCs in shale gas driving seat

State-owned power utility China Huadian’s exit from shale gas licences it won in late 2012 could prompt other companies to reconsider entering China’s shale gas sector and the wider upstream segment.

22 August 2019 Exploration & Production
A Wartsila liquid fuel power plant in Kenya

Cambodia pivots towards LNG-to-power

Drought caused outages in Cambodia's power system earlier this year, leading the country to step up its LNG-to-power plans.

22 August 2019 LNG

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