LNG Aussie LNG threatens to swamp Asian buyers
Australian LNG projects could swamp Asia with LNG if demand does not pick up next year.
Pipelines, Storage & Power Shanghai’s gas power projects fizzle over costs
After rapid expansion in recent years, Shanghai’s gas-fired distributed generation sector is battling under-utilisation and weak margins.
South Korea’s LNG imports recover in Q3
South Korea’s LNG demand picked up in Q3, but despite the small recovery the outlook for the fuel is one of long-term decline.
22 October 2015Indian gas sees second month of increased output
India’s domestic gas production amounted to 2.75 billion cubic metres in September, the country’s Ministry of Petroleum and Natural Gas said in a release.
20 October 2015PTT and Petronas agree LNG supply contract
Thailand’s state energy company PTT recently agreed a 1 mtpa long-term supply contract with Petronas, according to news reports.
20 October 2015Tohoku Electric to purchase LNG from Engie
Japan’s Tohoku Electric has signed a 20-year LNG supply agreement with French company Engie to purchase 270,000 tpa of LNG from the Cameron LNG export project in the US.
20 October 2015Exxon plans new Singapore division for LNG
ExxonMobil plans to set up a new division in Singapore to market LNG from the company’s Asia Pacific projects, local media has reported.
16 October 2015Bangladesh to import Qatari LNG
Bangladesh’s state-run Petrobangla has agreed a deal with RasGas to import LNG from Qatar to meet the country’s increasing gas demand.
16 October 2015
Global Markets Collision course in the South China Sea
Washington and Beijing are clashing over China’s territorial claims in contested waters, increasing the risk of a military incident in the region.
16 October 2015India increases spot purchases over summer
India’s LNG imports fell slightly in August, but the country has been more active on the spot market in recent months to capitalise on low prices.
15 October 2015Cairn India to pull out of Mannar Basin
Cairn India plans to exit its gas block in Sri Lanka’s Mannar Basin following disappointing exploration results.
14 October 2015Saka Energi may take out $500 mln loan
Saka Energi, Indonesia’s upstream branch of gas distributor Perusahaan Gas Negara, may sign up for $500 million in financing to help fund its capital expenditure.
14 October 2015South Korea agrees 23.5 mtpa of LNG supply contracts
South Korea has agreed 23.5 mtpa of long-term LNG supply contracts to 2027 – 62.3% of the 37.7 mtpa state-owned Kogas expects the country will need to meet its future gas demand.
14 October 2015Storage builds push up Asian spot LNG prices
Spot LNG prices in Japan, South Korea, China and Taiwan increased by 3.86% on average from August last week as some buyers began building inventories in preparation for the heating season.
13 October 2015Petronas plans energy slump strategy
Malaysia’s Petronas has highlighted six strategies to take the state-owned company through the energy slump, the company’s President and Group Chief Executive Wan Zulkiflee Wan Ariffin has said.
13 October 2015OMV strikes gas in Pakistan
Austrian oil and gas company OMV has announced a new gas discovery in Pakistan’s Sindh province from the Latif South 1 exploration well.
13 October 2015Japan’s utilities prep for liberalised power market
Japan’s utilities are seeking to restart nuclear reactors at the expense of LNG to remain competitive in advance of power market liberalisation.
13 October 2015
Exploration & Production Indonesian players lament lack of CBM rules
CBM has major potential in Indonesia, but the lack of specific regulation for the industry is holding back its development.
12 October 2015Southeast Asia, net gas importer by 2040 – IEA
Southeast Asia’s gas demand is set to balloon over the next 35 years, eating into the gas available for export and ultimately turning the region into an LNG importer.
9 October 2015
Policy & Regulation New tariff cuts spell trouble for India’s upstream
A drop in India’s domestic gas price could hit production and drive away companies from the country’s upstream sector.
8 October 2015Philippines Malampaya project starts operations
The Philippines’ Malampaya deepwater gas-to-power project has started operating from its new offshore platform, Offshore Technology reported.
8 October 2015ADB to provide $500 mln for Indonesia
The Asian Development Bank (ADB) is providing $500 million of financing to Indonesia, which will help the country diversify its power generation mix.
7 October 2015About 2,027 articles for Asia Pacific