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Staff reporter

Chinese gas consumption will hit 305 bcm in 2019 – Sinopec

China’s gas consumption will reach 305 billion cubic metres in 2019, Sinopec’s Economics & Development Research Institute said on Thursday

20 December 2018 Asia Pacific / Supply & Demand

AGN network extension gets green light

The Australian Energy Regulator has approved a proposed extension of Australian Gas Networks’ South Australia gas network to Mount Barker

20 December 2018 Asia Pacific / Pipelines, Storage & Power

Woodside signs LNG supply deal with Germany’s RWE

Woodside Petroleum has signed an LNG sales-and-purchase agreement with German utility RWE for an undisclosed volume

20 December 2018 Asia Pacific / LNG

Bass Oil withdraws bid for North Madura PSC

Australia’s Bass Oil will withdraw its bid to acquire a 100% interest in the North Madura production-sharing contract in Indonesia from AziPac

20 December 2018 Asia Pacific / Exploration & Production

Eni successfully tests wells at Merakes East prospect

Eni has successfully drilled and tested the Merakes East prospect in the East Sepinggan block off Kalimantan in Indonesia

20 December 2018 Asia Pacific / Exploration & Production

Angola LNG resumes production

Angola LNG’s Soyo plant has resumed production after a “controlled shutdown”

20 December 2018 Middle East & Africa / LNG

Novatek awards $2 bln Arctic LNG 2 contract to Saipem JV

Russia’s Novatek has awarded a $2.5 billion engineering and construction contract for its Arctic LNG 2 plant to a 50-50 joint venture between Italy’s Saipem and Turkish oil and gas services company Renaissance

20 December 2018 Europe & Russia / LNG

Bulgaria approves transfer of 30% stake in offshore block to Woodside

Bulgaria’s government has approved the transfer of 30% of the exploration rights in offshore Block 1-14 Khan Kubrat to the local subsidiary of Australia’s Woodside Petroleum

20 December 2018 Europe & Russia / Exploration & Production

Libya’s NOC declares force majeure at largest oilfield

Libya’s NOC has declared force majeure at the country’s El Sharara oilfield following its seizure by protesters

20 December 2018 Middle East & Africa / Exploration & Production

Romania’s new energy company taxes will hit market severely – OMV

A draft bill to introduce new taxes on energy companies operating in Romania will have a strong negative impact, Romania’s OMV Petrom has said

20 December 2018 Europe & Russia / Policy & Regulation

Snam-led consortium completes acquisition of DESFA

Italy’s transmission system operator Snam announced on Thursday that it had completed its acquisition of Greek counterpart DESFA

20 December 2018 Europe & Russia / Companies & Finance

PGNiG signs new supply contract with Port Arthur LNG

Polish state-owned company PGNiG has signed a 20-year supply contract with United States-based company Port Arthur LNG

19 December 2018 Europe & Russia / LNG

FGSZ reveals plans for Turkish Stream extension

FGSZ has presented a project that will allow the second leg of Turkish Stream to extend into Hungary.

19 December 2018 Europe & Russia / Pipelines, Storage & Power

Iveco launches gas-powered bus fleet in Ivory Coast

Iveco has delivered 26 gas-fuelled buses to Ivory Coast’s Abidjan Transport Co.

19 December 2018 Middle East & Africa / Gas for Transport

Woodside supplying Pluto gas to Western Australia

Woodside Petroleum’s Pluto LNG project in Western Australia has supplied its first gas for domestic use into the Dampier-Bunbury gas pipeline.

19 December 2018 Asia Pacific / Companies & Finance

South Korea to import record volumes of LNG

South Korea’s LNG imports are on course to reach a record 42.8 mt this year.

19 December 2018 Asia Pacific / LNG

Petronas buys 1.1 mtpa of LNG from Sabine Pass

Cheniere has agreed to sell 1.1 mtpa of LNG from its Sabine Pass plant to Malaysia’s Petronas for 20 years.

19 December 2018 Americas / LNG

Sinopec’s Tianjin terminal has received 39 cargoes since startup

Sinopec has received 39 LNG cargoes at its terminal in Tianjin since the facility launched in February.

19 December 2018 Asia Pacific / LNG

Weiyuan block shale gas output up 60%

Chuanqing Drilling Engineering’s daily shale gas output at the Weiyuan Block in southwest China reached 5.1 million cubic metres on 2 December.

19 December 2018 Asia Pacific / Exploration & Production

Lack of investment puts Australia’s east coast gas market at risk

Australian gas suppliers are delaying investment in exploration needed to stave off longer-term concerns about prices in the country’s east coast gas market, the ACCC has said.

19 December 2018 Asia Pacific / Exploration & Production

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