Asia Pacific

Project Insights
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.

6 days ago 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
The Putian LNG terminal in China.

Converging factors to slow China’s LNG demand growth this winter

Insufficient regasification capacity, coupled with stronger domestic production and imports from Russia, will restrain the rise in China’s LNG imports over the cold season.

22 November 2019 Supply & Demand
Vietnam's Nohn Trach power plant

Vietnam backs private LNG to beat power crunch

Vietnam is supporting US-backed LNG-to-power projects that are close to taking FID.

21 November 2019 LNG
Gas production terminal in Thailand's Bongkot South field.

Thailand and Cambodia eye joint development

With Thailand fast running out of hydrocarbon reserves, the settlement of a dispute with Cambodia over gas-rich waters could be imminent.

14 November 2019 Exploration & Production
Woodside's Pluto LNG plant in WA

Woodside eyes increased LNG exports from Western Australia

FID on a new interconnector linking the Pluto and NWS LNG plants – plus a scaling up of resources at Scarborough – indicates Woodside is focusing on boosting LNG output from Western Australia.

14 November 2019 Supply & Demand
CNOOC's Tianjin LNG terminal.

Foreign interest in Chinese terminals picks up with GTT MOU

An agreement between the LNG storage engineering subsidiary of France’s Engie and Beijing Gas could sow the seeds of a deeper commercial partnership in the future.

7 November 2019 LNG

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