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.
Dart Energy to leave India
Dart Energy will wind up its operations and exit India in November, the company has announced.
6 October 2015Energy World Corp.'s Philippines LNG power plant delayed
Energy World Corp.’s proposed LNG power plant in the Philippines will be delayed and is expected to come online next year according to its annual report.
6 October 2015Shell start prodcution at new Malampaya Gas project platform
Shell started gas production from a new platform at the Malampaya Gas project in the Philippines this week.
6 October 2015Trans-Pacific Partnership signed
The Trans-Pacific Partnership (TPP) was signed on Monday between 12 countries in the Pacific Rim.
6 October 2015Cabotage limits may hurt Indonesian LNG trade
Laws forcing domestic vessels engaged in coastal trade to be owned, flagged and crewed locally could prove a hurdle to Indonesia’s plans to develop a domestic LNG industry.
6 October 2015Shell Malaysia to shed 1,300 jobs
Shell Malaysia plans to reduce its staff by 1,300 over the next two years following a reorganisation of its upstream division, the oil and gas major said in a statement last week.
5 October 2015Glencore’s volatility masks coal’s steady outlook
Despite fluctuations in Glencore’s share price and concerns about climate change, the outlook for coal seems secure for the foreseeable future.
5 October 2015India reduces price of local gas
India has reduced the price of locally produced gas by 18%, to $3.82/MMBtu, for six months effective from 1 October.
2 October 2015
LNG Pacific NorthWest struggling to beat gas glut
Petronas’s Pacific NorthWest LNG project needs to begin operations within the next one or two years to avoid hitting a period of LNG oversupply expected towards the end of the decade.
2 October 2015Chinese company takes contract for Pakistan LNG
The China Petroleum Pipelines Bureau has been awarded a contract to build the $2.5 billion Gwadar LNG terminal in Pakistan.
1 October 2015Thailand’s LNG imports up 55% year on year
Thailand is set to be the largest LNG importer in Southeast Asia this year, following declining domestic production and growing demand.
1 October 2015Sembcorp to build gas power plant in Bangladesh
Singapore-based Sembcorp Industries has announced it will construct a 426 MW gas-fired power plant in Bangladesh for $390 million.
30 September 2015India’s gas output could rise by 40% by 2021
India’s gas production could rise by more than 40% to 130 million cubic metres per day, according to research and credit ratings agency ICRA.
30 September 2015Asian LNG prices hit September low
LNG prices in Japan, South Korea, China and Taiwan fell by 0.26% last week from the previous week as a result of soft downstream demand and buyers having sufficient inventories.
29 September 2015Eleven bidders for Indonesian LNG contract
Indonesia’s state-run utility Perusahaan Listrik Negara received 11 bids for a tender to supply, ship and deliver LNG to power plants planned for 32 sites in Java, Sulawesi and Kalimantan.
28 September 2015India still seeking cheaper contract LNG
India is continuing to request a reduction in LNG contract prices as the cost of the fuel has fallen by more than 60% since the global crude oil price crash.
25 September 2015
Supply & Demand India revives gas-fired power with subsidised LNG
India is subsidising the cost of fuel to get the country’s gas-fired power plants up and running, but while this will boost LNG imports, it is not a sustainable solution.
25 September 2015Fossil fuel subsidies staying high – OECD
Countries around the world are being 'alarmingly slow' in keeping their pledges to cut fossil fuel subsidies, according to the Organisation for Economic Cooperation and Development.
25 September 2015Successful launch for Ichthys LNG semi-submersible
Inpex announced the successful launch of its central processing facility for the Ichthys LNG project on Thursday.
24 September 2015Hokkaido Electric signs up for LNG
Japanese utility Hokkaido Electric Power said it has signed its first agreements to buy up to 330,000 tons of LNG.
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