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Asia Pacific

Project Insights
An LNG terminal in China

Shenzhen Gas expands supply options with new LNG terminal

Local distributor Shenzhen Gas has become the latest company beyond China’s big three state-owned LNG importers to operate a regasification terminal.

19 August 2019 LNG
Gas production in China.

Slowdown in Chinese gas output offset by imports

China's gas production increased by only 6% in July, but extra imports of LNG and pipeline gas compensated for the decline.

15 August 2019 Supply & Demand
Sinopec's LNG terminal in Qingdao in Shangdong province

New terminal could link Beijing to Australian gas

The import facility in Shandong proposed by a Chinese conglomerate and a regional power and heating supplier would connect rich gas resources in northeastern Australia’s Bowen Basin to Beijing.

15 August 2019 LNG
A gas flare at China's Fuling field.

CNPC targets Sichuan in gas production drive

The state energy giant is ramping up output in the province, reflecting a broader move to strengthen energy security in the wake of China’s trade spat with the US.

12 August 2019 Exploration & Production
A Vietnamese offshore rig

Vietnam’s first LNG terminal faces headwinds

Construction work has started on the 1 mtpa Thi Vai facility, but PV Gas may face difficulties before it is commissioned such as the signing of a deal with Vietnam's power monopoly.

8 August 2019 LNG
A rig offshore Australia

Traders eye Equus floating liquefaction plans

Bucking the past preference for mega-trains, Western Australia could soon be host to a small-scale FLNG facility – and one that is looking to toll third-party gas from onshore as well as offshore fields.

8 August 2019 LNG
A BW Group FSRU

Pakistan’s new LNG terminals gain traction

The country's decision to lower the barriers to entry for foreign players in its domestic gas market means that plans for at least two new LNG terminals can proceed.

1 August 2019 LNG
A storage tank at the Ningbo LNG terminal in Zhejiang

Zhejiang grid coverage to fall short of 2020 goal

The Chinese province will fall short of a grid coverage goal set in 2016 seemingly as a result of a lack of incremental gas supply from national companies.

1 August 2019 Supply & Demand
An LNG cargo loading at PNG LNG in Papua New Guinea

Osaka Gas bucks trend with PNG arbitration

Osaka Gas's turn to price review arbitration over its contract with PNG LNG is thought to mark the first time a Japanese buyer has made such a move.

25 July 2019 LNG
The Jintan UGS facility in China

Towngas to push storage TPA via SHPGX auctions

The start of capacity auctions at Towngas China’s Jintan underground storage facility in the near future would be a big step forward for third-party access to gas infrastructure in China.

25 July 2019 Pipelines, Storage & Power
Fracking in Sichuan.

China’s OFS players gain from NOC spending hike

The country’s oilfield services companies are seeing strong growth as Beijing pushes state-owned oil and gas companies to boost upstream spending.

22 July 2019 Exploration & Production

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

18 July 2019 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.

18 July 2019 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.

18 July 2019 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.

18 July 2019 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.

17 July 2019 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.

16 July 2019 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.

16 July 2019 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.

15 July 2019 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

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