Asia Pacific

Project Insights

CNOOC’s Tianjin terminal hits seven-month high for trucked LNG

The facility sent out over 400 tanker trucks per day last week, making it China’s top-selling terminal by some margin

2 days ago LNG
An Indonesian offshore rig

Jakarta warming to IOC development plans

The company's plans for its IDD project will be buoyed by the Indonesian government's adoption of a new development plan for Shell and Inpex's Abadi LNG plant.

2 days ago Exploration & Production
A Yanchang Petroleum gas fracking operation

China’s Yanchang Petroleum targets midstream

Yanchang Petroleum’s proposed takeover of provincial distributor Shaanxi Gas would give it the necessary pipeline scale to ramp up gas production.

2 days ago Companies & Finance
Shell's Malampaya deepwater gas-to-power project in the Philippines

Philippine LNG import scheme hits snag

The proposed Tanglawan LNG terminal in the Philippines has been delayed, which is likely to leave the country waiting for LNG to replace its declining production.

2 days ago LNG

CQPGX makes its first LNG sale in four months

Piped gas trading on the Chongqing exchange slumped last week but LNG was traded for the first time since March.

3 days ago LNG
A tanker at the PNG LNG plant jetty

PNG LNG expansion delayed

Oil Search has confirmed that FEED work on the expansion of Papua New Guinea's LNG plant will not start until the end of the year.

4 days ago LNG

Asian spot LNG prices fall 5% despite late rally

Prices in Japan, South Korea, China and Taiwan dipped last week but recovered to reach $4.59/MMBtu on Friday.

4 days ago LNG
Beijing, China.

Cities buck trend amid slowdown in Chinese gas demand growth

Gas demand and imports saw relatively weak growth in China in June, but city-gas demand continued to perform strongly.

5 days ago Supply & Demand
A tanker docked at the Singapore LNG terminal

Singapore trials blockchain for LNG bunkering

Blockchain technology has the potential to automate LNG bunkering operations, saving time and money for LNG suppliers and port operators

11 July 2019 LNG

CNOOC’s Tianjin terminal still in first place for trucked LNG sales

The facility sold an average of 290 truckloads of LNG per day last week, with Sinopec's Beihai terminal coming in second and its Qingdao and Tianjin facilities in joint third.

11 July 2019 LNG
Signing ceremnony for the Summit LNG FSRU

Bangladesh ups gas prices to bolster LNG imports

The country has hiked prices by around 33% as it tries to limit losses at state-owned Petrobangla while gas demand surges.

11 July 2019 LNG
Sinopec's LNG terminal in Qingdao

Sinopec works to plug northern China supply gap

Sinopec has started building a new pipeline that underlines how China’s second biggest gas supplier is rising to the challenge of improving south-to-north pipeline connectivity.

11 July 2019 Pipelines, Storage & Power
A platform offshore Australia.

Big guns out for Woodside NWS backfill plan

Australia’s government has reportedly warned it may not renew offshore petroleum leases held by the North West Shelf partners if they reject Woodside’s backfill plans for the facility.

10 July 2019 LNG

China’s summer cooling season boosts LNG prices

The country’s liquefaction plants increased their prices last week in response to rising demand for gas-fired power.

10 July 2019 LNG

Asian spot LNG prices fall on low demand

High storage levels at terminals helped push prices in China, Japan, South Korea and Taiwan down by an average of 2.13% last week.

9 July 2019 LNG

CNOOC’s Tianjin terminal holds top spot for trucked LNG in June

The Chinese facility sent out an average of 262 tanker trucks of LNG per day last month

4 July 2019 LNG
A tanker at the Yamal LNG plant

Novatek gearing up for liberalisation of China’s gas market

With plans to establish a foothold in China already in motion, Russia’s largest private gas producer wants to broaden its Chinese customer base from the NOCs to smaller players.

4 July 2019 LNG
The Incheon LNG terminal

Trans-Korea pipeline concept back on the table

South Korea is hoping to use its chairmanship of the World Energy Council to revive a longstanding plan to import Russian gas via a pipeline through the Korean peninsula.

4 July 2019 Pipelines, Storage & Power
The Thaketa gas-fired power plant

Boost for LNG-to-power as Myanmar ups tariffs

The higher electricity prices introduced this week will give the country a larger budget to allocate to new power generation projects.

4 July 2019 LNG
PetroChina supplies Hunan via the second West-East Pipeline and the Zhongwu pipeline

PetroChina dependence hits Hunan’s gas demand

Hunan province’s overwhelming dependence on China’s largest upstream company for gas supplies offers a case study in the importance of supply diversification.

4 July 2019 Supply & Demand

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