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Asia Pacific

Thailand’s LNG imports hit record high in January

The country's LNG imports reached a new record of 550,000 tons in January as domestic demand for energy continued to grow.

18 hours ago Project Insights / LNG

Chinese LNG plants lower prices to boost sales

Fifty liquefaction facilities dropped their asking prices last week, causing China’s average ex-works LNG price to fall to RMB 4,305 per ton.

21 hours ago Project Insights / LNG

Asian spot LNG prices sink to 19-month low

Spot LNG prices in Japan, South Korea, China and Taiwan closed at an average of $5.76/MMBtu last week.

Yesterday Project Insights / LNG
Rigs in China.

Supply fall suggests slowdown in Chinese gas consumption

Official figures and Interfax calculations suggest China’s gas supplies fell in February, supporting expectations that the country’s consumption growth will slow this year.

2 days ago Project Insights / Supply & Demand
Pollution in Seoul, South Korea.

South Korean pollution crisis could be positive for LNG

Severe dust pollution plaguing South Korea could encourage the adoption of alternative fuels, including LNG for transport.

2 days ago Project Insights / LNG

Japanese LNG imports drop by 9% in January

Milder temperatures and higher nuclear output led to a fall in Japanese LNG imports in January.

2 days ago Project Insights / LNG
The Ningbo LNG terminal

CNOOC's TPA drive for LNG terminals loses its sheen

The Chinese NOC is warming to the principle of open access to its LNG terminals, but its offer to third-party users may be a tough sell.

6 days ago Project Insights / LNG

CNOOC’s Tianjin terminal leads LNG sales

The terminal sold 346 truckloads of LNG last week, placing it ahead of CNOOC’s Ningbo terminal, which came second with 282 truckloads.

6 days ago Project Insights / Supply & Demand
Alfonso Cusi, Philippine energy secretary

First Gen gets greenlight for LNG terminal

The Philippines has greenlit an LNG import project led by First Gen and Tokyo Gas in anticipation of declining production from the country’s Malampaya field.

6 days ago Project Insights / LNG
Pipeline construction work in China

Fujian vies for control of key provincial pipeline

Fujian officials believe gaining control of the pipeline could be the first step in addressing the province’s weak gas demand in recent years.

6 days ago Project Insights / Pipelines, Storage & Power

South Korea’s LNG imports fall following nuclear restarts

South Korea’s LNG imports dropped by 16% in February as nuclear restarts hit demand for gas.

13 March 2019 Project Insights / Supply & Demand
An LNG tanker loading in Australia

Aussie LNG players step up trading focus

As LNG becomes a global commodity, Australian exporters are equipping themselves with more sophisticated international LNG sales and marketing capabilities.

13 March 2019 Project Insights / LNG

Chinese ex-works LNG prices drop as heating demand falls

Rising supplies and declining demand led to an 8.29% drop in the price of ex-works LNG last week.

13 March 2019 Project Insights / Supply & Demand

Asian spot LNG prices hit 17-month low

Prices for spot cargoes closed at $6.0/MMBtu in Asia last week, their lowest level since October 2017.

12 March 2019 Project Insights / LNG

India awards areas in second small fields licensing round

India’s second Discovered Small Fields round has attracted new entrants into the country’s upstream sector.

11 March 2019 Project Insights / Exploration & Production
The Pluto LNG plant in Australia

Woodside betting big on LNG price rise

The Australian company is expecting an upturn in LNG prices and is planning to take FIDs on brownfield expansion projects in 2020.

8 March 2019 Project Insights / LNG
Indonesia's Tangguh LNG project.

Tangguh LNG exports head to Singapore

Indonesia’s energy ministry has approved the export of 84 cargoes from Tangguh Train 3 to Singapore following lower-than-expected domestic demand.

8 March 2019 Project Insights / LNG
India's Kochi LNG terminal.

India starts up first east coast LNG terminal

The first cargo arrived at the Ennore LNG terminal late last month, but the impact of the facility on the market will hinge on pipeline connections.

7 March 2019 Project Insights / LNG

Ningbo terminal sells most LNG truckloads in China in Feb

The facility sold an average of 236 truckloads of LNG per day last month, making it the top-selling terminal for the first time since last October.

7 March 2019 Project Insights / LNG

Taiwan’s LNG import growth flattens out in 2018

Taiwan's LNG imports leveled out in 2018 following strong growth a year earlier.

6 March 2019 Project Insights / LNG