Asia-Pacific
Japan's LNG imports fall 1.4% in 2025 to 64.98 million tons
Japan's liquefied natural gas (LNG) imports fell 1.4% in 2025 from a year earlier to 64.98 million metric tons, trailing China's 68.43 million tons, preliminary trade data from the Ministry of Finance showed on Thursday. China's LNG imports dropped to a three-year low in 2025, official data showed. ..
Vietnam to tweak rules to encourage LNG power plant development
Vietnam plans to adjust its rules on the government's guaranteed purchase of power from liquefied natural gas-fired plants as it seeks to revive interest from developers. The Southeast Asian country targets having a fleet of LNG-fired power plants with combined capacity of 22.5 gigawatts by 2030, b..
MHI and ITB deepen research collaboration on ammonia-based clean power
New research builds on earlier phases to explore the potential of ammonia-based, zero-carbon power generation Continued target set on integrating proven technologies in gas turbines, supporting cleaner power generation in Indonesia Mitsubishi Heavy Industries, Ltd. (MHI) and Indonesia's Instit..
Global LNG supply set to jump in 2026, limiting prices and spurring demand
This year marks the start of a large wave of supply that analysts expect to last until 2029, depressing prices that could drive more demand from emerging economies.
ADNOC Gas signs $3-B, 10-yr LNG deal with Hindustan Petroleum Corporation Limited
India is now UAE’s largest customer of LNG, 20% of LNG operated by ADNOC Gas will be supplied to India by 2029 $20 billion worth of LNG contracts signed in last 24 months between ADNOC Gas and Indian companies LNG agreement reinforces ADNOC Gas’ position as a reliable supplier of Indian energy ..
Opinion: What excites and worries LNG exporters in 2026
The year 2025 in the LNG sector will be one for the history books after production and exports of the super-chilled fuel smashed records and raked in billions of dollars in revenues across the global liquefied natural gas supply chain.
Vietnam's EVN secures $1.13-B loan for LNG power plant project
The loan is provided by four of Vietnam's top banks, including Vietcombank, VietinBank, BIDV and Agribank.
Marine fuel sales in Singapore bunker hub scale fresh highs in 2025
Low-sulfur volumes retreat from previous year High-sulfur sales up for fifth straight year LNG and biofuel volumes log new record highs Marine fuel sales scaled new highs in the world's largest bunker hub of Singapore during 2025, the Maritime and Port Authority of Singapore (MPA) said, s..
Malaysia steps up gas-fired power use in December as reliance on coal falls
Gas-fired power generation accounted for most of a nearly 5% rise in electricity supplied to Peninsular Malaysia in December, making up for a 4.3% decline in coal-fired output.
Petrovietnam Gas awards first-ever LNG term contract to Shell
The five-year supply deal will see Shell deliver about 400,000 metric tpy of LNG to the Southeast Asian nation
Japan's Osaka Gas starts unit at new 1.25-GW gas-fired power plant in Himeji
The facility runs on natural gas and uses a high-efficiency gas turbine combined-cycle power generation system. Once both units are online, Osaka Gas' domestic thermal power generation capacity will rise to about 3.2 GW from roughly 2 GW.
China received 22 shipments of LNG from sanctioned Russian projects in 2025
One shipment was from Portovaya and the rest were from the Arctic LNG 2 project. The U.S. and EU have sanctioned the projects to curb revenue reaching Russia following its invasion of Ukraine.
Asia spot LNG prices edge up on South Korean demand
Asian spot liquefied natural gas prices edged up last week as forecasts for colder weather boosted demand in South Korea, but overall weak buying in China left prices down 34% since the start of 2025.
Five energy market trends to track in 2026, the year of the glut
This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump's trade wars, the intensified targeting of energy infrastructure in Russia in its war against Ukraine, OPEC’s often perplexing production decisions and the recently threatened U.S. blockade of Venezuela.
Malaysia's Petronas signs LNG supply deal with China's CNOOC
Malaysian state-owned energy firm Petroliam Nasional, opens new tab said it would supply Chinese offshore oil and gas company CNOOC, opens new tab with 1 metric MMtpy of LNG.
Russia's pipeline gas exports to China seen up 25% this year
Russia has re-routed most of its oil to India and China since the start of the war in Ukraine in 2022 as Moscow and Europe - once its main commodity export market and source of revenue - severed ties.
Myanmar set to resume LNG imports after receiving cargo last month
This would mark the Southeast Asian nation's return to the LNG import market, after shipments were halted amid the civil war.
Australia forces LNG exporters to keep a minimum amount for home market
Government proposes gas reservation of 15% to 25% of output Three east coast LNG export plants affected Scheme takes effect in 2027, impacting only new contracts Analysts say scheme could hurt LNG supply and push buyers away Australia will make exporters of liquefied natural gas from the..
Global LNG: Asia spot prices fall to 20-month low on weak demand
Asian spot liquefied natural gas (LNG) prices slipped to a fresh 20-month low this week, weighed by weak demand in the region and ample supplies.
U.S. allows oil sales from Russia's Sakhalin-2 project through June 18
The general license, issued by the U.S. Treasury Department, is important for U.S. ally Japan, which gets about 9% of its LNG from Russia.
Japan's JERA signs LNG sales deal with Hokkaido Gas
Under the agreement, JERA will supply about 130,000 metric tpy to 200,000 metric tpy of LNG on a delivered ex-ship basis from its global LNG portfolio.
Asia's imports of U.S. energy drop in 2025 despite Trump trade moves
The decline in imports from the United States is largely driven by China, the world's biggest buyer of commodities, which pulled back on purchases after Trump ramped up tariffs on U.S. imports of Chinese goods, with the current average rate around 47.5%.
Russia's Sibur ships LPG from Ust-Luga to China for the first time
Sibur mostly supplies LPG to Turkey, but demand for LPG in the country has been declining by 5%–6% annually, traders said, and Algeria and the U.S. dominate its market.
CNPC: China's natural gas demand seen up 5% in 2026
The 5% growth forecast marks a rebound from this year when China's apparent gas consumption dipped 0.3% year-on-year during the first 10 months and imports of liquefied natural gas (LNG) fell 16% during the same period.
Australia nears gas market review that could squeeze LNG exporters
Australia is set to issue a gas market review that could curb exports of LNG from its east coast, where three operators led by firms such as Shell and Santos send cargoes to Asia and beyond. The review, which industry watchers expect Canberra to release as soon as this week, could include a policy ..
EnerMech awarded pre-commissioning scope from Bechtel for Woodside’s Pluto LNG 2 facility
EnerMech has secured a contract from Bechtel Corporation to deliver chemical cleaning services for the Woodside Energy operated Pluto Train 2 LNG development in Karratha, Western Australia. The award strengthens the firm’s position as a trusted provider of pre-commissioning solutions and builds on i..
Japan's JERA signs first long-term LNG export deal with India's Torrent Power
Torrent Power will use the LNG, to be supplied on a delivered basis, for its 2,730-megawatt (MW) capacity of power plants in India. It will also use the LNG cargoes for sale to households, small industries and the transport sector.
Gazprom delivers first post-sanctions LNG cargo from Portovaya to China
Exports were suspended in February this year following the introduction of the U.S. sanctions over Ukraine to directly disrupt Russia's ability to produce and export LNG and reduce Russia's revenue from LNG exports.
Update: Glenfarne finalizes 20-yr LNG supply deal with South Korea's POSCO
Global demand for the superchilled fuel has surged since Russia's invasion of Ukraine upended gas markets in 2022, driving buyers in Europe and Asia to lock in long-term supply deals with U.S. exporters.
- ExxonMobil halts 1-Bft3d blue hydrogen project in Texas
- Freeport LNG export plant in Texas to take in more natgas after unit shut on Monday
- Aramco's Jafurah gas plant (Phase 1) begins output
- U.S. natural gas prices surge 4% to 35-month high in cold snap
- LNG cool-down vessel arrives at ExxonMobil's Golden Pass plant in Texas
