Asia-Pacific

Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October

Algeria's Sonatrach and Saudi Arabia's Aramco have raised official selling prices (OSPs) for liquefied petroleum gas (LPG) in October by around 3%–4% from September due to limited supply on the global market.

Japan top buyer of LNG from Russia's Sakhalin 2

Japan is currently the biggest importer of liquefied natural gas (LNG) from Russia's Sakhalin 2 plant accounting for 57.5% of its exports.

Slovak gas buyer SPP says talks continue to extend Ukraine transit

Slovak state-owned gas buyer SPP is continuing negotiations to secure an extension of gas transit through Ukraine after Kyiv's contract with Russian supplier Gazprom expires at the end of the year, and several options are on the table.

Australia's Santos and TotalEnergies sign LNG deal

Australian gas supplier Santos has signed a mid-term liquefied natural gas (LNG) supply contract with TotalEnergies' Singapore unit.

Air Liquide to invest €60 MM to support development of Wanhua Chemical Group in China

Air Liquide will invest close to €60 MM to take over and operate an air separation unit (ASU) within the context of a long-term contract with Wanhua Chemical Group (Wanhua), a global leading supplier of chemical innovative products, in the city of Yantai, China.

CIMC Enric, Angang Steel's first co-production of H2 and LNG from coke oven gas project successfully commences operations

CIMC Enric Holdings Ltd. and its subsidiaries have released that the coke oven gas-to-hydrogen (H2) and LNG co-production project invested and constructed by Angang CIMC (Yingkou) New Energy Technology Co. Ltd. has officially commenced operations, with a grand inauguration ceremony held in Bayuquan District, Liaoning.

CNOOC brings the Shenhai-1 Phase II natural gas development project on-stream

CNOOC Ltd. has commenced production at the Shenhai-1 Phase II natural gas development project.

India will not buy from Russia's sanctioned Arctic LNG 2 project

India will not buy liquefied natural gas (LNG) produced from Russia's Arctic LNG 2 project, which is sanctioned by Western countries, Oil Secretary Pankaj Jain said on Friday.

Japan's Mitsubishi to acquire stake in Petronas LNG plant

Japanese conglomerate Mitsubishi will acquire a 10% stake in a natural gas facility operated by Malaysian state energy giant Petroliam Nasional for a 10-yr period.

Britain targets Russian LNG sector with fresh shipping sanctions

Britain on Thursday sanctioned five vessels and two associated entities involved in the shipping of Russian liquefied natural gas (LNG), with the government saying it was using new legal powers for the first time to target LNG vessels directly.

Vietnam's first LNG power plant to start commercial operations from April 2025, five months behind target

Vietnam's first power plant using solely liquefied natural gas (LNG) is expected to start commercial operations from April next year, five months later than the previous target date.

Tanker ships condensate from Russia's Arctic LNG 2 to port of Vitino

A tanker has begun making shipments of gas condensate to the Arctic port of Vitino from the Arctic LNG 2 project.

China to start up Guangdong LNG terminal, ExxonMobil has 20-yr access

China's Guangdong Energy Group is expected to start commercial operation of a new liquefied natural gas (LNG) receiving terminal in south China next week, which U.S. major ExxonMobil has agreed to use under a 20-yr agreement.

Turkey's Botas in talks with Iran's national gas company for long-term supply

Turkish state energy company Botas said on Wednesday that it had held talks with Iran's national natural gas company NIGC for the long-term supply of natural gas from Iran to Turkey.

Column: Southeast Asia's bright gas demand outlook may disappoint

Southeast Asia is fast becoming a key growth market for natural gas, and on paper has an aggressive development pipeline for gas-fired power stations that if completed would ensure the region would be a major gas consumer for decades.

TotalEnergies will supply 200,000 tpy of LNG to HD Hyundai Chemical until 2033

In line with its strategy to grow its long-term LNG sales, TotalEnergies announced the signing of a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tpy of LNG for 7 years starting from 2027.

Russia's Novatek suspends work on two LNG projects due to sanctions

Russian natural gas company Novatek has suspended work on the development of the Murmansk and Ob liquefied natural gas (LNG) projects due to pressure from western sanctions.

Dutch see rise in Russian LNG imports, urge further sanctions

Imports of liquefied natural gas (LNG) from Russia at the Netherlands' main terminal in Rotterdam have risen in recent months, underlining the need for further sanctions.

Hanwha signs MoU with GasLog to convert LNG propulsion to ammonia

Hanwha Power Systems signed a Memorandum of Understanding with GasLog to convert its LNG carrier propulsion system to an ammonia gas turbine.

LNG contracting off to a great start in 2024

Long-term LNG contracting activity is off to a strong start in 2024. Since the beginning of the year, 58 MMtpy of LNG SPAs (sales purchase agreements), capacity agreements and Heads of Agreements (HOAs) have been signed. This follows over 94 MMtpy of new LNG SPAs and HOAs agreed upon last year.

Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project

Golar LNG Limited announced that it has signed an engineering, procurement and construction agreement with CIMC Raffles for a $2.2-B, 3.5-MMtpy MK II floating LNG production (FLNG) vessel. FLNG technology will be provided by Black & Veatch.

ArcelorMittal's India JV seeks duty-free LNG imports

ArcelorMittal's India joint venture (JV) has called on New Delhi to remove the import tax on liquefied natural gas (LNG) for steelmaking to help the company cut its production costs and meet decarbonization goals.

Fifth LNG vessel loads cargo at Russia's Arctic LNG 2

The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions.

Thailand's PTT signs 5-yr LNG deal with Oman LNG

Thailand's largest energy firm, state-controlled PTT, has signed a 5-yr deal to buy liquefied natural gas (LNG) from Oman.

Japan considers company support measures for long-term LNG contracts

The Japanese government is considering support measures to make it easier for companies to enter into long-term purchase contracts for liquefied natural gas (LNG) to ensure a stable supply of the super-chilled fuel.

ADNOC signs heads of agreement with Indian Oil for Ruwais LNG project

ADNOC has signed a long-term heads of agreement (LNG agreement) with Indian Oil Corp. Ltd. (IndianOil), India’s largest integrated and diversified energy company, for the delivery of 1 metric MMtpy of liquefied natural gas (LNG).

China’s Hudong-Zhonghua Shipyard to build six new QC-Max LNG vessels for QatarEnergy

QatarEnergy has signed an agreement today with China State Shipbuilding Corp. (CSSC) for the construction of six additional state-of-the-art QC-Max vessels, bringing the total number of LNG vessels on order under its fleet expansion program to 128, including 24 QC-Max mega vessels.

QatarEnergy inaugurates its first conventional-size LNG vessel

QatarEnergy has inaugurated the first conventional-size LNG vessel under its historic shipbuilding program. The Rex Tillerson was named after the former Chairman and CEO of ExxonMobil as a tribute to his life-long accomplishments in the energy sector.

Gunvor growing Asia operations, expanding into LPG, naphtha, gasoline, aromatics, power

Global energy trader Gunvor Group is growing its Asia operations to expand in existing markets such as liquefied petroleum gas (LPG), naphtha, gasoline and aromatics as well as into new areas including power.

India plans to use LNG for third of truck fleet, in blow to diesel

India plans to have a third of its heavy duty long-haul trucking fleet fueled by liquefied natural gas (LNG) instead of diesel in 5 yr–7 yr to cut pollution.