Asia-Pacific
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.
Japan says to ensure U.S. sanctions on Russia LNG project won't harm supplies
Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project in Russia in which it has a stake.
TES and Tokyo Gas partner to advance hard-to-decarbonize sectors with e-NG
Tree Energy Solutions and Tokyo Gas Co., Ltd. announce that they have signed an agreement to explore and develop e-NG supply chains globally as part of efforts to foster the global energy transition and the roll out of e-NG.
Sinopec signs new 27-year LNG supply deal with QatarEnergy
State-owned Chinese firm Sinopec signed a new 27-year LNG supply and purchase agreement with QatarEnergy.
Asia spot LNG prices fall amid full inventories, mild weather
Asian spot LNG prices fell this week but remained at a near nine-month high as geopolitical risks raised market concerns despite full inventories and a mild start to winter.
Gazprom delivers second LNG shipment to China, taking Suez Canal
Russia's Gazprom delivered a second shipment of LNG to China, sending it via the Suez Canal rather than the northern sea route taken by the previous cargo.
Mitigating Corrosion Under Insulation (CUI) with Liquid Coatings
The hidden dangers of corrosion under insulation (CUI) span the oil and gas industry from upstream operations to midstream infrastructure to downstream applications, including the production of liquified natural gas (LNG).
Australia LNG workers vote in support for Chevron deal
An Australian union alliance's members voted in support to endorse deals on pay and conditions at Chevron's two LNG facilities in Australia.
Indonesia sees nearly 70 uncommitted LNG cargoes in 2026, seeks buyers
Indonesia sees nearly 70 uncommitted cargoes of LNG in 2026, energy ministry official Tutuka Ariadji said, as a number of gas projects are expected to come online in the coming years.
India's Petronet hopes diplomatic row with Qatar will not hurt gas talks
The CEO of India's Petronet LNG said he hoped negotiations between India and Qatar to extend their long-term liquefied natural gas import deals beyond 2028 would not be harmed by a diplomatic row between the countries.
Australia's Origin in talks to import LNG from Venice Energy's terminal
Australian energy infrastructure developer Venice Energy said that power producer Origin Energy is in talks to import LNG from its Outer Harbor LNG terminal and be the sole user for at least a decade.
Eni could more than double gas production in Indonesia
Italy's Eni could more than double its gas production in Indonesia thanks to the development of a recent discovery and potential synergies with assets it already owns.
Asia spot LNG prices steady on heating demand support
Asian spot LNG prices were little changed this week, as steady European heating demand supported prices despite forecasts of mild weather in the coming months.
Thailand soars from 11th to 8th in global LNG import rankings with 25% surge
Thailand has jumped from eleventh to eighth in the world ranking for imports of LNG, after purchases through October soared 25% from the same period in 2022.
South Korea's Hyundai, Saudi Aramco clinch $2.4 B gas plant deal
South Korea's Hyundai Engineering & Construction and Hyundai Engineering have signed a $2.4-B contract with oil giant Saudi Aramco to build a gas processing plant.
IEA says "unprecedented" supply surge could lead to LNG glut from 2025
An expected strong rise in LNG production capacity will ease prices and gas supply concerns, but also risks creating a supply glut.
Construction of Mongolian part of Russian gas link to China may start in early 2024
Construction of the Mongolian portion of Russia's planned new Power of Siberia-2 gas pipeline to China may start in the first quarter or first half of 2024.
Singapore LNG to develop country's second LNG terminal
Singapore LNG Corp will develop and operate the country's second LNG terminal, with gas supply capacity of up to 5 mtpa.
Russia's Gazprom to supply extra gas to Hungary and China this year
Russia's Gazprom will supply extra gas to Hungary through the coming winter and will also provide China with an additional 600 Mm3 this year on top of contractual obligations.
Asia spot LNG prices rise on stronger northeast Asian demand
Asian spot LNG prices rose more than $3 this week to a near nine-month high, supported by increased demand from northeast Asian buyers and amid tensions in the Middle East.
Russia aims to boost LNG sales, trade with China via NSR, Novak says
Russia wants to increase trade with China via the Northern Sea Route and become its top supplier of LNG.
- Credit Agricole says it will not fund two major LNG projects
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Shareholders’ Resolution: MOL to pay $668-MM dividend
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
