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Asia Pacific

Project Insights

South Korea’s LNG imports rise in July

Imports rose in July after strong declines in H1.

29 August 2019 Supply & Demand
Chinese gas storage tanks

China’s gas demand rebounds to calm slowdown fears

China’s gas demand got back on track last month with the strongest annual growth seen in months, easing fears over a sharp decline in growth amid the US-China trade spat and higher domestic prices.

29 August 2019 Supply & Demand
Yanchang Gas's Yanchuan LNG plant

Domestic supply bolsters China’s LNG output

An increase in the domestic supply of feedstock gas helped unleash production at China’s LNG plants in H1 2019, but the increased supply has weighed on the industry’s profitability.

29 August 2019 Supply & Demand
The Haiyang Dizhi 8 survey ship.

US weighs in on renewed China-Vietnam tensions in South China Sea

Energy relations between the United States and China have deteriorated further after Washington condemned Chinese exploration in disputed waters offshore Vietnam.

27 August 2019 Exploration & Production
A Wheatstone LNG cargo heading to Japan

Port Kembla JV scales up LNG import plans

To head off possible gas supply shortages, the NSW government has endorsed the two LNG import concepts planned north and south of Sydney.

22 August 2019 Supply & Demand
Development at Fuling shale gas field

Huadian’s exit puts NOCs in shale gas driving seat

State-owned power utility China Huadian’s exit from shale gas licences it won in late 2012 could prompt other companies to reconsider entering China’s shale gas sector and the wider upstream segment.

22 August 2019 Exploration & Production
A Wartsila liquid fuel power plant in Kenya

Cambodia pivots towards LNG-to-power

Drought caused outages in Cambodia's power system earlier this year, leading the country to step up its LNG-to-power plans.

22 August 2019 LNG
PNG's former PM Peter O'Neill

Papua LNG timing in limbo as delay concerns mount

The JV partners are keen to get moving to avoid falling behind competitors, but the government has seen an opportunity to improve terms and may be willing to risk a slippage.

20 August 2019 Supply & Demand
An LNG terminal in China

Shenzhen Gas expands supply options with new LNG terminal

Local distributor Shenzhen Gas has become the latest company beyond China’s big three state-owned LNG importers to operate a regasification terminal.

19 August 2019 LNG
Gas production in China.

Slowdown in Chinese gas output offset by imports

China's gas production increased by only 6% in July, but extra imports of LNG and pipeline gas compensated for the decline.

15 August 2019 Supply & Demand
Sinopec's LNG terminal in Qingdao in Shangdong province

New terminal could link Beijing to Australian gas

The import facility in Shandong proposed by a Chinese conglomerate and a regional power and heating supplier would connect rich gas resources in northeastern Australia’s Bowen Basin to Beijing.

15 August 2019 LNG
A gas flare at China's Fuling field.

CNPC targets Sichuan in gas production drive

The state energy giant is ramping up output in the province, reflecting a broader move to strengthen energy security in the wake of China’s trade spat with the US.

12 August 2019 Exploration & Production
A Vietnamese offshore rig

Vietnam’s first LNG terminal faces headwinds

Construction work has started on the 1 mtpa Thi Vai facility, but PV Gas may face difficulties before it is commissioned such as the signing of a deal with Vietnam's power monopoly.

8 August 2019 LNG
A rig offshore Australia

Traders eye Equus floating liquefaction plans

Bucking the past preference for mega-trains, Western Australia could soon be host to a small-scale FLNG facility – and one that is looking to toll third-party gas from onshore as well as offshore fields.

8 August 2019 LNG
A BW Group FSRU

Pakistan’s new LNG terminals gain traction

The country's decision to lower the barriers to entry for foreign players in its domestic gas market means that plans for at least two new LNG terminals can proceed.

1 August 2019 LNG
A storage tank at the Ningbo LNG terminal in Zhejiang

Zhejiang grid coverage to fall short of 2020 goal

The Chinese province will fall short of a grid coverage goal set in 2016 seemingly as a result of a lack of incremental gas supply from national companies.

1 August 2019 Supply & Demand
An LNG cargo loading at PNG LNG in Papua New Guinea

Osaka Gas bucks trend with PNG arbitration

Osaka Gas's turn to price review arbitration over its contract with PNG LNG is thought to mark the first time a Japanese buyer has made such a move.

25 July 2019 LNG
The Jintan UGS facility in China

Towngas to push storage TPA via SHPGX auctions

The start of capacity auctions at Towngas China’s Jintan underground storage facility in the near future would be a big step forward for third-party access to gas infrastructure in China.

25 July 2019 Pipelines, Storage & Power
Fracking in Sichuan.

China’s OFS players gain from NOC spending hike

The country’s oilfield services companies are seeing strong growth as Beijing pushes state-owned oil and gas companies to boost upstream spending.

22 July 2019 Exploration & Production

CNOOC’s Tianjin terminal hits seven-month high for trucked LNG

The facility sent out over 400 tanker trucks per day last week, making it China’s top-selling terminal by some margin

18 July 2019 LNG

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