Asia-Pacific
Russia's Jan–August LNG exports up 7%, jump by 32% in August
Russia's January–August exports of liquefied natural gas (LNG) increased by 7.3% from a year earlier to 20.7 metric MMt and jumped by almost a third in August compared to the previous month, mainly due to LNG from Yamal.
Russia's Gazprom says H1 net income more than tripled to $10.9 B
Kremlin-owned gas giant Gazprom said on Thursday its first-half net income more than tripled from a year earlier to more than 1 T roubles ($10.9 B), thanks to rising gas exports and cost controls.
Asia spot LNG prices rise on supply concerns, geopolitical tensions
Asian spot liquefied natural gas (LNG) prices rose this week as outages in LNG facilities in Australia and Malaysia sparked supply concerns, although buying interests from China remained limited due to higher price levels.
Russia presses ahead with Arctic LNG 2
Russia's largest liquefied natural gas (LNG) producer Novatek appears to be preparing a floating storage unit (FSU) to receive gas as part of its Arctic LNG 2 project, in defiance of sanctions.
Mexico Pacific announces long-term LNG SPA with POSCO International
Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, announced that it has signed a sales and purchase agreement of 700,000 tpy of LNG with POSCO International Corporation.
Kremlin says Europe will pay more unless Ukraine extends gas transit deal
European consumers will face higher prices unless Kyiv agrees to extend a deal on Russian gas transit via Ukraine once it expires on Dec. 31.
Carbon Clean, PETRONAS CCS Solutions ink MoU to collaborate and evaluate Carbon Clean’s CCS technology
Carbon Clean, Petronas, carbon capture, CycloneCC
Nigeria's NNPC sending LNG cargoes to Japan and China
State-owned Nigerian oil company NNPC has expanded shipments of liquefied natural gas (LNG) cargoes to a port in China after its first delivery to Japan in June.
UPDATE: Ichthys LNG's Train 2 scheduled for October restart, Inpex says
Train 2 at Ichthys LNG is scheduled to be restarted in October, operator Inpex Corp said in an emailed statement on Tuesday.
Prices rise as Australian LNG outage fuels supply concerns
Dutch and British wholesale gas prices rose on Tuesday afternoon on supply concerns raised by an extended outage at an Australian LNG plant and geopolitical risk, though strong storage inventories are limiting the upside.
New Zealand to pass laws to expediate LNG imports amid energy shortages
New Zealand said it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration, and take urgent steps to remove regulatory hurdles to import LNG amid energy shortages.
Tanker linked to Russia's Arctic LNG 2 spotted in ship-to-ship transfer
A U.S.-sanctioned gas tanker that picked up a cargo from Russia's new Arctic LNG 2 plant this month has been spotted carrying out a ship-to-ship transfer, suggesting Moscow is managing to continue some exports from the project.
Woodside Energy earnings set to dip as investors eye strategic deals
Woodside Energy, Australia's top independent gas producer, is on track to post a drop in interim earnings on Tuesday, with investors focusing on its deal-making strategy after the collapse of a $52-B merger with Santos.
Europe gas prices vulnerable to Ukraine transit stop, says TotalEnergies CEO
The future of Russian gas transit through Ukraine remains a key uncertainty for European gas prices, even as the continent heads into the winter with full storages.
Amigo LNG secures supply agreement with E&H Energy
Amigo LNG announced that it has entered into a long-term LNG supply agreement with E&H ENERGY SDN BHD of Malaysia.
Asia spot LNG prices ease from 8-month top on weaker demand
Asian spot liquefied natural gas (LNG) prices eased this week from a more than 8-mos top on the back of easing spot demand and as European gas prices also fell.
One train shut at Australia’s Ichthys LNG plant
One of the two trains at the Ichthys liquefied natural gas (LNG) plant in Darwin, Australia, has been shut since August 20.
Russia's Novatek postpones start of Arctic LNG 2 third line
Russian natural gas company Novatek has postponed the start of operations at the third line of the Arctic LNG 2 project to 2028 from 2026.
Vietnam's second LNG terminal seeks cargo to begin commissioning tests
Vietnam's Cai Mep liquefied natural gas (LNG) terminal is seeking a cargo to initiate commissioning tests, putting it on track to become the country's second terminal to bring in the fuel.
Hungary's energy supply is secure, foreign minister says
Hungary's energy supply is not in danger, its foreign minister said on Wednesday, adding that the state's gas supply is not threatened by the ongoing fighting in Sudzha in Russia's Kursk region, as other pipelines transport sufficient amounts of gas.
ANGEA enters MoU with Korean Private LNG Industry Association
The Asia Natural Gas and Energy Association (ANGEA) and the Korean Private LNG Industry Association have announced a new Memorandum of Understanding (MoU) that aims to foster cooperation between the two organizations on natural gas development in Asia and the role of LNG in the energy transition.
Russia complains to Germany over Nord Stream sabotage probe
Russia has complained to Germany over its investigation into the 2022 explosions that ruptured the Nord Stream gas pipelines after a key suspect escaped arrest in Poland.
Woodside gets environmental go-ahead for Scarborough project, green group backs down
Woodside's $12.5-B Scarborough gas project in Western Australia has all primary environmental approvals in place after a green group agreed to dismiss its challenge in a federal court.
India's Swan Energy to sell stake in LNG terminal for $399 MM
Indian oil & gas firm Swan Energy plans to sell a stake in one of its LNG terminals to Turkish state energy company BOTAS in a deal worth $399 MM.
Russian court orders $1.2 B of Linde UK assets be frozen
A Russian court has ordered that assets worth around $1.15 B of a British subsidiary of German industrial gases company Linde be frozen in a dispute over a gas processing plant.
China’s natural gas consumption, production and imports all increased in 2023
In 2023, 7%, or 2.6 billion cubic feet per day (Bcfd), more natural gas was consumed in China than in 2022, after a decline of 1.1% in 2022 when economic growth was slower, mainly due to China’s zero-COVID policies, leading to a reduction in natural gas consumption.
Russian gas flows to Europe despite fighting
Intense fighting between Ukrainian and Russian forces near a pipeline Russia uses to supply European countries with gas has not disrupted supplies.
Is it the end for Russian gas supplies to Europe via Ukraine?
Russia is still pumping natural gas to Europe via the war zone in Ukraine. Why?
Asia spot LNG prices remain at 7-month high amid Russian supply concerns
Asian spot liquefied natural gas (LNG) prices remained at their highest level in over seven months, tracking European gains amid concerns over supply disruption.
Perspective: What happens if Russian gas transit via Ukraine stops?
Heavy fighting near the Russian town of Sudzha, where Russian gas flows into Ukraine, has raised concerns over a sudden stop to transit flows via Ukraine before a five-year deal with Russia's Gazprom expires.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
