Asia Pacific

Project Insights
Photo of Chevron and SKK Migas officials marking IDD study launch.

Chevron seeks deepwater exit in Indonesia

Chevron is looking for potential buyers for its giant Indonesia Deepwater Development, but it could struggle to do so as other IOCs are also exiting the region.

13 February 2020 Exploration & Production
PNG LNG ship marking 100th cargo

PNG’s target to double LNG exports in doubt

Plans to double Papua New Guinea’s LNG exports by 2024 look likely to take longer than expected because of an impasse between the government and PNG LNG developer ExxonMobil.

6 February 2020 LNG
Photo of Malaysian LNG terminal PFLNG Satu

Thai PTTEP fast-tracks Malaysia FID for 2020

A potential fast-track development of the Lang Lebah field offshore Malaysia would be a welcome boost for the Petronas-led Bintulu LNG export complex, which is facing a short-term supply crunch.

6 February 2020 Exploration & Production
Nhon Trach 2 gas power plant, Vietnam

Vietnam makes progress on LNG-to-power

Vietnam’s first private LNG-to-power project is showing progress, buoyed by political support and power shortages.

23 January 2020 LNG
LNG tank containers

China steams ahead with LNG-by-rail tests

CNOOC and China Railway, along with local logistics companies and LNG importers, have started test runs that could help shape policy and development in the transport of LNG via rail.

23 January 2020 LNG
Offshore platform in China.

CNOOC to accelerate production growth

The Chinese company is planning to spend around $13 billion on upstream activity in 2020 in a bid to boost oil and gas production.

14 January 2020 Companies & Finance
Coal power plant in China

China’s coal revival poses challenge for gas

The ongoing trade spat with the US appears to have given the role of coal in China’s power sector renewed momentum as the government prioritises economic growth and energy security.

6 January 2020 Alternative Fuels
LNG tanker arriving a port in Yokohama, Japan

Japanese LNG buyers look to joint purchasing

Spurred by rising competition in Japan’s deregulated gas and power retail market, companies are increasingly pooling resources to jointly purchase smaller volumes over shorter timeframes.

19 December 2019 LNG
LNG tank containers being loaded T THE PORT OF rIZHAO

Containers make inroads in China’s LNG market

Containerised LNG has the potential to extend its market share at a faster-than-expected rate in China as rising adoption looks set to coincide with tepid growth in the LNG road tanker fleet.

19 December 2019 LNG
A gas well in China.

Sinopec sets out long-term gas ambitions in home market

China’s second-largest gas producer plans to take a larger share of its domestic market, buoyed by increasing production and favourable regulatory changes.

12 December 2019 Companies & Finance
Dinh Co Gas Processing Plant in Vietnam

Solar surge puts gas in the shade in Vietnam

LNG-to-power projects in Vietnam are facing tough competition from a subsidy-funded solar boom.

12 December 2019 LNG
Tanker docked at Hainan LNG terminal

CNOOC aims to turn around China's Hainan LNG terminal

State-owned CNOOC hopes its LNG terminal on the southern island province of Hainan will eke out a profit by the end of this year after enduring years of losses.

12 December 2019 LNG
Inpex's Ichthys LNG facility

Potential for six new trains at Darwin LNG

With strong government backing, Australia is moving swiftly to maximise a narrow window to expand LNG exports ahead of a wave of low-priced LNG from the US and other regions.

5 December 2019 Supply & Demand
A platform in Azerbaijan's giant Shahs Deniz gas field

CEE eyes new regional funding for gas projects

Regional private investment funds may help offset the potential reduction in EU funding for gas projects in Central and Eastern Europe.

5 December 2019 Pipelines, Storage & Power
The Zhoushan LNG terminal in China.

Chinese LNG demand growth no longer a safe bet

The outlook for China’s LNG imports has changed dramatically over the past year, and continued growth is not a foregone conclusion.

4 December 2019 Supply & Demand
Gazprom CEO Alexei Miller talks to Russian President Vladimir Putin via teleconference on the startup of the Power of Siberia pipeline. (Kremlin.ru)

China embraces new era of Russian piped gas imports

Startup of gas flows along the Power of Siberia pipeline will provide China with greater supply diversity and may put downward pressure on LNG imports.

2 December 2019 Supply & Demand
An offshore platform.

Exxon abandons Aussie LNG import plans to focus on liquefaction

The company is no longer considering funding a terminal in the state of Victoria as it looks to refocus its operations on large-scale LNG export projects in the US, Mozambique, PNG and Brazil.

2 December 2019 LNG
An LNG terminal in South Korea.

South Korea coal shutdown offers winter LNG demand boost

The suspension of up to 15 of the country’s coal power plants will create an opening for gas-fired generation.

28 November 2019 Supply & Demand
Pipelaying for Power of Siberia.

China’s LNG imports down for first time in three years

Volumes fell to 4 mt in October after an outage at an eastern terminal limited flows, but the failure of other sources to pick up the slack suggests the market is oversupplied.

25 November 2019 Supply & Demand

Vietnam’s energy challenge in figures

Vietnam is seeing a rush to build LNG terminals in a move to displace coal in power generation and meet booming electricity demand.

25 November 2019 LNG

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