Asia-Pacific
IEA: Global gas markets to remain tight on rising demand
Global natural gas markets will remain tight this year as demand rises and output grows more slowly than before the energy crisis of 2022 and the pandemic of 2020-2021, a quarterly report by the International Energy Agency (IEA) said.
Argentina's YPF signs deal with Indian firms to export LNG
Argentina's state-run oil company YPF signed a memorandum of understanding with three Indian firms to potentially export up to 10 MMtpy of liquefied natural gas.
China's LNG imports reach three-year high in 2024, narrowly missing record
Shipments of liquefied natural gas (LNG) to China, the world's largest buyer of the chilled fuel, rose to a three-year high in 2024 but defied predictions that imports could reach a new record.
LNG traders divert six U.S. cargoes to Europe from Asia
Traders diverted at least six cargoes of liquefied natural gas (LNG) that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand.
Hungary imported 7.6 Bm3 of gas via Turkstream pipeline in 2024
Hungary imported 7.6 Bm3 of gas from Serbia via the Turkstream pipeline in 2024, with the Serbian interconnector point running at 90% capacity, and this is set to continue, the Hungarian Transmission System Operator FGSZ said on Friday.
South Korea considering buying more U.S. oil and gas
South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given tensions in the Middle East.
Russia targets Ukraine gas infrastructure in latest missile barrage
Russia launched scores of missiles and drones at Ukraine on Wednesday, targeting gas infrastructure and other energy facilities in western regions in a new barrage against the struggling power system in the depths of winter.
Moldova's separatist enclave hopes Russia will resume gas supplies soon
Moldova's breakaway Transdniestria region expects to receive Russian gas again soon to meet its needs, its leader Vadim Krasnoselsky said on Wednesday, two weeks into crippling power cuts in the Russian-backed enclave.
Ten EU countries call for sanctions on Russian gas, LNG
Ten European Union (EU) countries have called for the 27-nation bloc to ban imports of pipeline gas and liquefied natural gas (LNG) from Russia, as Europe debates fresh sanctions on Moscow over the war in Ukraine.
Russia says potential bankruptcy or sale of Nord Stream 2 gas pipeline operator would be ‘theft’
Russian Foreign Minister Sergei Lavrov said on Tuesday that the potential bankruptcy or sale of the operator of the completed but never launched Nord Stream 2 gas pipeline would amount to "theft."
KT-Kinetics Technology, NEXTCHEM awarded contracts for Petronas hydrogen unit
KT-Kinetics technology will provide engineering, procurement, construction and commissioning services for a 38,000 m3/hr hydrogen production unit which is expected to be operational by the second half of 2028.
Since the 2011 Fukushima accident, Japan has restarted 14 nuclear reactors
Japanese utilities restarted two additional nuclear reactors in 2024 that had been suspended from operations in response to the 2011 Fukushima Daiichi accident, taking the total number of restarted reactors to 14 since the accident.
Europe's LNG imports surge, but not at Asia's expense
Europe's imports of liquefied natural gas (LNG) surged to an 11-month high in December, but the gain didn't come at the expense of Asia, which also recorded higher arrivals.
Central Europe gas flows adjusted after Ukraine transit ends
Central European gas flows have adapted to the halt of Russian supplies through Ukraine on Jan. 1, as increased shipments to the region from Germany and Italy make up the shortfall.
PacificLight Power to build H2-ready gas power plant in Singapore
PacificLight Power (PLP) said on Friday it has received approval from the Singapore government to build a new hydrogen (H2)-fueled gas power plant on Jurong Island.
Moscow-backed enclave in Moldova feels pain from lack of Russian gas
The severing of one of Russia's last gas export routes to Europe is being felt most painfully in a small, mainly Russian-speaking breakaway region of Moldova that has for decades looked to Moscow for protection.
Russian gas flows via Ukraine for last days as transit deal crumbles
Russia pumped gas on Monday to European customers via Ukraine for one of the last days before a key transit deal expires at the end of the year, marking the almost complete loss of Russia's once mighty hold over the European gas market.
Austria energy regulator expects smooth transition as Ukraine gas deal ends
Austria should not face supply disruption as it has prepared for the switch from eastern supplies of natural gas to western alternatives after Ukraine's contract with Gazprom expires on Tuesday.
Moldova to limit power exports, limit use as Russian gas cut-off looms
Moldova said on Friday it will curb power exports and introduce measures to reduce consumption by at least a third from Jan. 1, as it prepares for an end to Russian natural gas supplies.
Russia's first ice-class LNG carrier enters sea trials
The first Russian-built, ice-class liquefied natural gas (LNG) carrier has entered sea trials, as part of Russia's efforts to raise global LNG market share despite U.S. sanctions.
Russian pipeline gas and LNG exports to Europe up 18%–20% in 2024
Total exports of Russian gas to European countries have so far been 18%–20% higher this year than in 2023.
Gazprom's gas output to rise to around 416 Bm3 in 2024
Russia's Gazprom said on Thursday the group's natural gas production is set to rise this year by 61 Bm3 to around 416 Bm3.
Russia's domestic LPG prices halve following EU embargo
Domestic prices of liquefied petroleum gas (LPG) in Russia halved in December from the previous month due to an influx of the fuel, exports of which have been curbed by European sanctions.
Modules arrive to further advance the Pluto Train 2 expansion project (Australia)
The Scarborough Energy Project has passed another significant milestone with the final Pluto Train 2 modules arriving at the Pluto LNG facility in Karratha, Western Australia.
Japan's JERA, Toho Gas to build two gas-fired power plants in Chita
Japanese power generator JERA and city gas provider Toho Gas said on Monday they will build the No.7 and No.8 gas-fired power units at JERA's Chita thermal power station in central Japan, targeting operations in fiscal year 2029.
What happens when Russian gas to Europe via Ukraine stops?
Here is what happens if Russian gas transit via Ukraine is completely turned off and who will be affected most.
Russia calls gas sales to Europe 'complicated' as deal with Ukraine nears end
Russia said on Monday the situation with European countries that buy its gas through a transit deal via Ukraine was very complicated and needs more attention, a day after talks between President Vladimir Putin and Slovak Prime Minister Robert Fico.
Turkey, Hungary say U.S. grants waivers for Russian Gazprombank gas payments
Turkey and Hungary said they have received exemptions for gas payments to Russia after the United States imposed sanctions on Gazprombank, removing a major hurdle to the gas trade with Moscow.
Asahi Kasei receives governmental support to expand manufacturing capacity for green H2 production equipment
Asahi Kasei has received governmental support for the expansion of its manufacturing capacity for cell frames and membranes of alkaline water electrolyzers for the production of green hydrogen (H2) at its plant site in Kawasaki, Japan.
Chevron, Woodside in Western Australia LNG asset swap deal
Woodside and Chevron said on Thursday they would streamline oil and gas operations in Western Australia through a stake swap deal, a move resulting in the Australian energy giant exiting the $34-B Wheatstone LNG project.
- ADNOC Gas awards $2.1 B in contracts to enhance LNG supply infrastructure
- U.S. Department of the Treasury releases final rules for clean hydrogen production tax credit
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
- Nicor Gas celebrates its first renewable natural gas interconnection
- Phillips 66 outlines nearly $3-B capital program for 2025
