Asia-Pacific

Environmental groups ask lenders to avoid LNG project in Papua New Guinea

Major global lenders should refuse to finance a LNG project in Papua New Guinea to help keep global warming in check, civil society groups said, as some owners tap banks ahead of a final greenlight next year.

Two Japan energy companies seek U.S. approvals for Venture Global's CP2 LNG

Two Japanese energy companies, oil and gas producer Inpex Corp and power utility JERA, urged a U.S. energy regulator to give prompt approvals for Venture Global to begin construction on its CP2 LNG project in Louisiana.

Asia-Europe LNG spread at widest level in almost two years

The Asia-Europe LNG spread has hit its widest level in about two years, data from S&P Global Commodity Insights showed, as congestion at Panama makes sending U.S. LNG to Asia via alternative routes a bit more expensive than normal.

Indonesia's Pertamina starts carbon injection tests in Sukowati oil and gas field

Indonesia state energy firm Pertamina has started an underground carbon injection trial in Sukowati field, the second site the company is testing for carbon capture, utilization and storage.

Australia's Woodside, Santos in talks for $53-B oil-gas merger

Australia energy companies Woodside and Santos Ltd said that they are in preliminary merger talks, in what could be the latest big deal in a wave of global consolidation the in oil and gas sector.

Asia spot LNG prices fall on continued muted demand

Asian spot LNG prices slightly fell this week on continued lack of interest for spot supply from Northeast Asia players and forecast of weaker prompt gas demand in Europe.

Woodside in talks with Santos to form $52-B Australian gas giant

Australia's Woodside Energy and Santos said they were in preliminary talks to create an $52-B global oil and gas giant, as consolidation among international energy firms intensifies.

Asia-Europe LNG spread at widest level in almost a year

The Asia-Europe LNG spread has hit its widest level in about a year, data from S&P Global Commodity Insights showed, as congestion at Panama makes sending U.S. LNG to Asia via alternative routes a bit more expensive than normal.

Countries in the Middle East and North Africa supply about one-third of global LNG

Exporting countries in the Middle East and North Africa region supplied nearly one-third (29%) of global LNG exports in 2022, according to data from the International Group of Liquefied Natural Gas Importers.

Australia Pacific LNG resumes production and cargo loading

Production of LNG and the loading of cargoes have resumed at Australia Pacific LNG after a loaded tanker that was stuck at the facility was moved.

TES and Toho Gas sign agreement for close collaboration for the value chain of e-NG

TES and Toho Gas Co., Ltd. announce that both companies have signed a comprehensive agreement to explore the development of an e-NG supply chain in order to support Japan’s decarbonization goals.

Australia Pacific LNG deliveries disrupted due to tanker outage

Shipments of LNG from Australia Pacific LNG have come to a halt after a loaded tanker docked at the site lost power.

Asia spot LNG prices fall to 7-week low on tepid demand, improved supply

Asian spot LNG prices fell this week to a 7-week low despite cold weather, as demand remains muted and global supply conditions ease after recent maintenance and geopolitical tensions.

Port Hedland, WA, boosts LNG production and bunkering, aiming for IMO 2050 'zero-emissions' with onboard hydrogen

Pilbara Clean Fuels Pty Ltd is progressing a development concept for a new, mid-scale, low carbon footprint LNG plant to be located at Port Hedland in Western Australia, the world’s largest iron ore export port.

Yokogawa and FPT Software ink global partnership to advance DX solution offerings

Yokogawa Electric Corporation and FPT Software Company Limited announce a global supplier framework agreement for the development and deployment of digital transformation services to strengthen operational technology-information technology convergence in the industrial sector.

Bangladesh's Summit Group in final talks to sign LNG deal with Petrobangla

Bangladesh's Summit Group is in the last stage of discussions with the government to provide the nation with supplies of LNG.

DORIS, Axens, AWT International, SeaQuester and Surbana Jurong announce the CCS Hub Alliance decarbonization solution for hard-to-abate CO2 emitters

DORIS, Axens, AWT International, Sea-Quester Offshore and Surbana Jurong Infrastructure announce the formation of the CCS Hub Alliance, a partnership dedicated to delivering cost-effective and risk-reduced decarbonization solutions to hard-to-abate CO2 emitters.

India announces phased introduction of biogas blending for domestic use

India will start blending compressed biogas with natural gas to boost domestic demand and cut reliance on natural gas imports, the government said in a statement on Saturday.

Indian Oil to double Ennore LNG terminal's capacity to 10 MMtpy

Indian Oil Corp aims to double the capacity of its LNG import terminal at Ennore in southern India to 10 MMtpy.

Japan approves JERA plan to keep surplus LNG in winter

Japan's industry ministry has approved a plan by the country's top power generator JERA to hold a surplus of LNG in the winter as a strategic reserve in case of supply disruptions.

Asia spot LNG holds steady as demand weak, inventories high

Asian spot LNG prices slipped slightly this week, as demand was weak and inventories remained high in both Northeast Asia and Europe.

Full production returns to Chevron's LNG Gorgon facility in Western Australia

Full production has returned to a LNG train at Chevron's Gorgon facility in Western Australia.

Altrad Sparrows ventures into Papua New Guinea with ExxonMobil LNG contract

Sparrows Group (Sparrows) has announced a contract win for the provision of comprehensive crane maintenance services to the ExxonMobil PNG LNG (Papa New Guinea liquefied natural gas) project.

GAIL India issues swap tender for 24 LNG cargoes in 2025

GAIL Ltd has issued a swap tender offering 24 LNG cargoes loading out of the United States next year in exchange for 24 other cargoes for delivery to India in 2025.

Cedar LNG finalizes Heads of Agreement with Samsung Heavy Industries and Black & Veatch

The Haisla Nation and Pembina Pipeline Corporation, partners in the development of the proposed Cedar LNG Project, announced the signing of a heads of agreement with Samsung Heavy Industries and Black & Veatch.

Asia spot LNG prices steady amid high stocks, muted demand

Asian spot LNG prices were little changed this week, amid high inventory levels in east Asia which kept demand from the region muted.

Uptick in LNG demand in Asia, Europe insufficient to drive prices

Rising demand for LNG in the top importing regions of Asia and Europe hasn't been enough to spark an increase in spot prices, which continue to languish.

Asia spot LNG prices fall amid full inventories, warmer weather

Asian spot LNG prices fell this week as full inventories and warm weather helped mitigate concerns over new U.S. sanctions on Russia's Arctic LNG 2.

Top LNG importer China re-selling more cargoes, eyes trading gains

China, the world's top importer of LNG, is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks to profit from price swings.

Electrical incident curtails LNG output at Chevron's Gorgon facility

An "electrical incident" last month has curtailed the output of LNG at Chevron's Gorgon facility in Western Australia.