Asia-Pacific

Bangladesh in talks with Malaysian firm for LNG supply

Bangladesh is in talks with a Malaysian firm to secure more supplies of liquefied natural gas, industry sources said, as the South Asian country looks to meet demand for power.

UAE'S ADNOC Gas agrees to $7-$9 B 14-year LNG agreement with Indian Oil Corp

Abu Dhabi's ADNOC Gas announced a 14-year $7-$9-B deal with Indian Oil Corp to supply 1.2 million metric tons of liquefied natural gas per year, ADNOC said in a statement.

Japan PM Kishida in Qatar for LNG talks

Japanese Prime Minister Fumio Kishida arrived in major gas-producer Qatar for the final leg of a Gulf tour that has focused on securing energy supplies and promoting Japanese high-tech.

China-U.S. climate progress could hinge on curbing of methane

This week's visit by U.S. climate envoy John Kerry to China after years of diplomatic disruptions could boost cooperation between the world's two biggest greenhouse gas polluters on the key issue of methane emissions.

Vietnam's big bet on LNG may not ease its power crisis

Vietnam received its first shipment of liquefied natural gas this month, a milestone for the energy-hungry country, but various hurdles mean it could take years for imported gas to ease the country's long-running power shortages.

Pakistan LNG gets bids to buy spot LNG from Trafigura, first in a year

Pakistan LNG Ltd received its first bids in a year to buy spot cargoes of liquefied natural gas from commodities trader Trafigura, to deliver two cargoes in January and February.

Asia spot LNG prices slip on muted demand, high EU stocks

Asian spot liquefied natural gas prices fell this week, as muted demand in Northeast Asia and high gas inventories in Europe continued to weigh on prices.

Cheniere shunning Panama Canal for longer LNG routes to Asia

Top U.S. LNG exporter Cheniere Energy is shunning the Panama Canal to transport liquefied natural gas to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal.

Chinese cities raise residential gas prices after policy reform

Chinese cities have been raising residential natural gas prices in recent weeks after Beijing launched a new mechanism linking retail residential gas prices with distributors' fuel purchasing costs, a reform long sought by utilities.

India's gas regulator pitches for building natural gas storage

India should build storage for natural gas to boost the use of cleaner fuel in the country and hedge against global price volatility, A. K. Jain, chairman of the Petroleum and Natural Gas Regulatory Board, said.

Vietnam receives first LNG cargo in bid to develop new power supply

State-owned PetroVietnam Gas said it had received a cargo of 70,000 metric tons of liquefied natural gas from Singapore-based Shell Eastern Trading, marking Vietnam's first ever LNG import.

Japan gas lobby looks to PM's Middle East trip for stable supply

Japan Gas Association Chairman Takahiro Honjo said he hoped that Prime Minister Fumio Kishida's planned Middle East trip this month will help Japan ensure stable supplies of liquefied natural gas and other fuels.

Thailand's PTT in advanced talks with Qatar for LNG deal

Thailand's largest energy company, state-controlled PTT, is in advanced talks with Qatar for a 15-year liquefied natural gas supply deal.

China imports more LNG but not enough to drive spot prices

China's imports of liquefied natural gas rose to a five-month high in June but tepid demand in the rest of the top-importing continent has kept a lid on spot prices.

India in talks to supply green hydrogen to EU and Singapore

India has discussed a possible deal to supply more than 11 million mtpa of green hydrogen to the European Union and Singapore, who in turn would invest in these Indian clean energy projects, three government officials and one industry source said.

Mexico Pacific signs 20-year LNG supply deal with China's Zhejiang Energy

Mexico Pacific Ltd has struck a 20-year deal to sell a million metric tons of liquefied natural gas a year from its Saguaro Energia export plant in Sonora state to China's Zhejiang Energy.

India mulls bilateral deals for green hydrogen-linked carbon credits

India is considering bilateral agreements with countries such as Japan to allow them to use carbon credits linked to green hydrogen production in India in exchange for investment and purchase deals, two government sources and one industry source said.

Sinopec's first green hydrogen plant starts production in Xinjiang

China's Sinopec has begun producing green hydrogen at a plant in the western region of Xinjiang, the company said.

Asia spot LNG prices flat as demand remains tepid

Asian spot liquefied natural gas prices remained flat as demand remains muted and inventories are high.

Malaysia's Petronas sees domestic oil, gas output peaking by 2024

Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration executives said.

Japan's Mitsui OSK gets approval for liquefied CO2 vessel, floating storage unit

Japanese shipping company Mitsui O.S.K Lines has received in-principle approvals for a liquefied CO2 vessel and a floating storage and offloading unit from the American Bureau of Shipping.

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

Petronas said it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd., to collaborate on a carbon capture and storage project in Malaysia.

Pertamina, Petronas aim to replace Shell in Masela project, Indonesia minister says

State energy firms Pertamina and Petronas plan to jointly take over Shell's participating interest in Indonesia's Masela gas project, the Indonesian energy minister said.

Cheniere signs LNG supply deal with China's ENN

Cheniere Energy said it will supply 1.8 million tons of liquefied natural gas per annum to China's ENN Natural Gas for over 20 years.

Australia's Tamboran signs deals to supply LNG to bp and Shell

Australia's Tamboran Resources announced two non-binding agreements to supply 4.4 million tons of liquefied natural gas a year to bp and Shell from its proposed Northern Territory LNG project.

Engie bets on Korean demand with $7-B Oman green ammonia project

French energy company Engie was awarded a land parcel in Oman, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.

Japan's Mitsui says no plans to exit Russia's Sakhalin-2 LNG project

Japanese trading house Mitsui & Co has no plans to withdraw from the Sakhalin-2 liquefied natural gas project in Russia, a senior executive said, adding the operation was continuing super-chilled fuel exports to Japan.

Malaysia's MISC Group to develop ammonia engines for ships

Malaysian logistics company MISC Group has signed an agreement to develop ammonia engines for ships, marking a step towards zero-emission shipping operations, the company said.

Russia's Novatek seeks rights for gas export from planned Murmansk LNG plant

The head of Russia's largest liquefied natural gas producer Novatek said the company is pushing for changes to the gas export law so that its future Murmansk LNG plant will be able to sell LNG abroad, TASS news agency reported.

Qatar strikes second big LNG supply deal with China

Qatar secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.