Asia-Pacific

Technip Energies launches SnapLNG by T.EN, a solution for low-carbon and accelerated time to market LNG production

Technip Energies presents SnapLNG by T.EN, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production and accelerated time to market with unparalleled certainty and plant reliability.

Talks to avert strike called as Chevron Australia LNG workers reject deal

Planned work stoppages next week at two of Australia's largest LNG facilities are scheduled to go ahead unless mediation can produce a deal after workers at Chevron rejected the company's offer on pay and conditions.

LNG prices may spike in winter as risks remain, Tokyo Gas exec says

Prices of LNG could spike this winter even with high storage levels in Europe, a Tokyo Gas executive said, as many political and market uncertainties remain.

Asian spot LNG prices flat amid more certainty over Australia strike action

Asian spot LNG prices held steady this week as more certainty over potential strike action at LNG facilities in Australia kept buyers on the sidelines from seeking replacement cargoes.

Gazprom accounts for more than half of increase in China's gas imports

Alexei Miller, the chief executive of Russian gas giant Gazprom, said that the company accounts for more than half the increase in China's gas imports this year, without providing figures.

Three countries began importing LNG this year, and more will follow

Global LNG import capacity is set to expand by 16%, or 23 Bcf/d, by the end of 2024 compared with 2022.

Sempra Infrastructure to develop carbon-neutral gas production and LNG supply chain

Sempra Infrastructure, a subsidiary of Sempra, announced an agreement with a consortium comprised of Tokyo Gas Company, Ltd., Osaka Gas Company, Ltd., Toho Gas Company., Ltd. and Mitsubishi Corporation to participate in the evaluation of a proposed project to produce e-natural gas, a form of carbon recycling, in the U.S. Gulf Coast.

Chevron's Australia LNG ops could face daily 10-hr stoppages as union fight escalates

Chevron's two major LNG production facilities in Australia could face daily work stoppages of up to 10 hours next week after unions on Tuesday threatened labor action in a dispute over pay and conditions.

Japan's Eneos, Osaka Gas study building large e-methane facility in Osaka

Japan's top refiner Eneos and city gas supplier Osaka Gas said they have begun a joint study of construction of an e-methane facility with capacity to produce 60 million cubic meters of the fuel per year.

India cuts prices of cooking gas as inflation bites

India cut the price of cooking gas for households on Tuesday by about 18% to rein in inflation ahead of crucial state and general elections.

Chevron LNG workers in Australia allow union to call for strike

Supplies from Chevron's LNG facilities in major exporter Australia could be disrupted after the last batch of its workers voted to authorize their unions to take industrial action if necessary.

bp urges more gas and oil investment while speeding energy transition

Global oil major bp said the world must invest in the production of gas and oil to avoid sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions.

Asia LNG loses some strike froth, but fundamentals are supportive

Spot prices of LNG retreated in Asia as the threat of imminent strike action at three Australian plants eased, but solid fundamentals are keeping prices elevated for future deliveries.

Asian spot LNG prices fall as Woodside averts strike

Asian spot LNG prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days.

Woodside, unions reach deal at Australian LNG facility, workers meet to ratify

Woodside Energy reached an in-principle agreement with unions at Australia's LNG project, potentially averting a disruption to supplies from one of the world's biggest exporters of the super-chilled fuel.

Gazprom's first LNG cargo via Arctic destined for China's Jingtang

An LNG cargo from Russia's Gazprom being sent via the Northern Sea Route for the first time is destined for the Chinese port of Jingtang.

Japan utilities LNG stockpiles slump as hot summer lifts air-conditioner demand

LNG stockpiles held by Japanese electric utilities hit more than one-year lows, as the hot summer drives usage of air-conditioners and typhoons delay cargoes, data released by Japan's industry ministry showed.

Australia strikes may impact short-term LNG prices

Global gas prices could rise in the short term if strikes at Australia's LNG plants take place, but markets are well balanced now with inventory levels keeping high in North Asia and Europe.

China LNG buyers expand trading after adding more US, Qatari contracts

China's LNG gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market.

TotalEnergies and INPEX to buy 100% of Timor Sea gas field interest from PTTEP

TotalEnergies has teamed up with INPEX to acquire 100% of the interest in the AC-RL7 permit in the Timor Sea from PTTEP.

Asian buyers may seek U.S. LNG if Australia worker disputes worsen

Major Asian buyers of LNG could seek U.S. cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate.

Workers begin strike vote at Chevron's LNG facilities in Australia

Chevron faces the prospect of work stoppages or even an all-out strike at Australia's second largest LNG plant at Gorgon and at its Wheatstone operations after voting opened for a union ballot.

Russia's Arctic-2 LNG set to start production during 2023

Russia's Arctic-2 LNG project, in which China's CNOOC Ltd holds a 10% stake, is proceeding as planned with first phase to start operation during this year, senior company executives said.

Asian spot LNG prices rise to 5-month high on Australian strikes risk

Asian spot LNG prices rose this week to the highest level in five months, as the risk of possible industrial action at some Australian LNG facilities raised concerns over supply.

Abu Dhabi's ADNOC Gas signs 5-yr LNG supply deal with Japex

Abu Dhabi's ADNOC Gas said it has signed a five-year deal to supply LNG to Japan Petroleum Exploration Co.

Woodside, unions remain at odds over wages at Australia's largest LNG facility

Woodside Energy said "positive progress" was being made on wage disputes at Australia's largest LNG facility even as a union alliance said key differences remained ahead of further talks.

Turkmenistan rebukes Russia over 'gas union' comments

Turkmenistan warned Russia against trying to extend its influence over the Central Asia-China natural gas supply chain after Moscow said more countries could join its "gas union" with Kazakhstan and Uzbekistan.

LNG's calm veneer stripped by Australia strike threat

The comfort that had characterized natural gas markets in Asia and Europe in recent months was shown to be a mere illusion by the threat of strike action at three major Australian LNG plants.

Indonesia's long-delayed major gas projects

A recent ownership shakeup at two major Indonesian gas projects has injected renewed hope in the country's upstream gas sector, as the country hopes to tap into its rich hydrocarbon resources amid global energy transition, but barriers remain.

Australia regulator clears way for strike vote at Chevron LNG plants

Australia's labor regulator cleared the way for strike action at Chevron's Wheatstone and Gorgon LNG facilities if workers vote in favor of such a step, fueling concerns the country's exports could be cut.