Asia-Pacific

Digital Exclusive: Carbon critical—How filtration adds value in CCUS systems

Colm Joy of Cleanova discusses how the scale of the decarbonization challenge is daunting. Countries around the world signed the Paris Agreement in 2015, committing to limit global temperature rise to well below 2°C above pre-industrial levels.1 Achieving this target requires aggressive decarbonization efforts.

Asian spot prices stable amid muted demand, strong supply

Asian spot liquefied natural gas prices remained flat this week on high storage inventories and continued muted demand.

Wärtsilä signs 15-yr service deal for three CLSICO LNG carriers

The deal, effective since August 2025, focuses on enhancing vessel reliability, extending overhaul intervals, and optimizing maintenance costs.

ADNOC-led consortium pulls $18.7-B bid for Australia's Santos

Abu Dhabi National Oil Co. (ADNOC) has withdrawn the $18.7-B offer it led to buy Australian gas producer Santos after months of disagreement over valuation.

ABB to power Singapore’s first floating LNG terminal

Hanwha Ocean has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore’s first floating liquefied natural gas (LNG) terminal.

China takes fourth cargo from sanctioned Arctic LNG 2 project

A fourth tanker carrying LNG from Russia's sanctioned Arctic LNG 2 project discharged its cargo at a Chinese port on September 14

Australia gives North West Shelf gas plant final approval to run until 2070

Government imposes 48 new rules to protect nearby ancient rock art Australia gave final approval on Friday for Woodside to operate the country's oldest and second-largest liquefied natural gas plant until 2070, while imposing 48 "strict" new rules in a bid to limit its environmental impact...

Swiss trader MET Group seeks US LNG to grow portfolio, Southeast Asia sales

Switzerland-based energy trader MET Group is looking to expand its liquefied natural gas (LNG) portfolio by securing more new supply from the United States that it can use as it builds its presence in Asia, its chief executive said. "We are trying to secure additional new supply into our portfolio,..

Japan's JERA looks to Alaska and Qatari LNG to meet demand, diversify supply

JERA keen on Alaska LNG due to proximity to Japan Eyes early conclusion to QatarEnergy talks Sakhalin-2 LNG remains an important option to JERA and Japan Japan's top power generator JERA is ramping up its interest in U.S. liquefied natural gas, particularly from Alaska, and is in talks wi..

Global Projects Data - August Update

9/12/2025

An overview of active gas processing/LNG projects globally.

Third cargo from Russia's sanctioned Arctic LNG 2 discharges and departs China

The U.S.-sanctioned LNG tanker Zarya unloaded more than 160,000 m3 of LNG from the sanctioned Russian project Arctic LNG 2 at the Beihai LNG Terminal in Guangxi, southern China.

Glenfarne, South Korea's POSCO Intl. sign 20-yr LNG supply deal

Global demand for LNG has shot up since Russia's invasion of Ukraine turned the gas markets around in 2022, prompting buyers in Europe and Asia to lock in long-term supply deals with U.S. exporters.

Asian demand for U.S. LNG unshaken by China-Russia pipeline plans, says Venture Global CEO

China-Russia gas deals won't impact Asia demand for US LNG Venture Global does not see price compression due to oversupply LNG deals signed before and after arbitration cases "are all the same" -CEO Recent gas agreements between China and Russia are unlikely to weaken Asian demand for U.S..

ExxonMobil bullish on China's LNG demand, eyes new markets

ExxonMobil expects strong growth in demand for liquefied natural gas (LNG) in China, driven by transport and marine sectors, and sees rising opportunities in new markets across Asia Pacific, Africa and Latin America, a senior company executive said.

TotalEnergies to supply 1 MMtpy of LNG to KOGAS (South Korea)

TotalEnergies and KOGAS, South Korea’s national natural gas company, announced the signing of a Heads of Agreement (HoA) for the annual delivery in South Korea of 1 million tons (Mt) of LNG per year over a 10-year period starting from the end of 2027. Awarded to TotalEnergies by KOGAS following an ..

World natural gas demand on track to hit record high in 2025, says IGU report

The report showed that global gas demand growth in the first half of 2025 was mainly seen in Europe and North America, increasing by 6.1% and 1.5% respectively.

Japan hires Wood Mackenzie to assess U.S.-backed Alaska LNG project

Japan has hired energy consultancy Wood Mackenzie to assess a proposed 800-mile Alaska gas pipeline and LNG plant in a sign it is weighing support for the $44-B project touted by U.S. President Donald Trump.

Japan explores Alaskan LNG purchases as part of $7-B energy deal with U.S.

Japan has confirmed its commitment to an annual $7 B worth of energy purchases from the U.S. while exploring their new Alaskan LNG offtake agreement, a joint statement on the bilateral trade deal showed.

China-Russia pipeline diplomacy threatens Trump's energy grip

The high-stakes energy diplomacy in Beijing this week signals China’s willingness to defy U.S. President Donald Trump’s efforts to isolate Russia and assert U.S. energy dominance.

India to raise LNG import capacity 27% to 66.7 MMtpy

India is raising its LNG import capacity by 27% to 66.7 million metric tons per year by 2030 by adding two more plants, oil minister Hardeep Singh Puri said

Russia signs up to vast new China pipeline but price unclear

Russia agreed to supply more natural gas to China and signed a memorandum on building the vast Power of Siberia 2 pipeline, but has yet to agree on pricing for one of the world's most expensive gas projects

Russia's Arctic LNG 2 project faces production issues despite cargo loadings

The first train is running at 55% production capacity, while the second train is struggling with serious electrical issues and is unable to load any cargoes.

West hits ‘peak sanctions’ on Russia’s energy sector

The complex web of Western sanctions targeting Russia’s oil and gas industry has failed to impede Moscow’s energy flows or its war effort, suggesting that time and overuse are blunting the force of U.S. and European financial weapons.

China receives first Arctic LNG 2 cargo ahead of Putin's visit

Putin is among more than 20 world leaders, including Indian Prime Minister Narendra Modi, who will attend the Shanghai Cooperation Organisation summit in China's northern port city of Tianjin on Sunday and Monday, where he is expected to meet Xi to revive trade between the countries.

China's carbon market to introduce absolute emissions caps from 2027

China will tighten its carbon trading market by introducing absolute emissions caps in some industries for the first time starting by 2027, China's cabinet said.

CPC Corp. awards CTCI EPC contract for LNG build in Taiwan

CTCI announced that it was awarded another major LNG terminal-related EPC contract to help the state-owned oil company CPC Corporation build regasification facility at Kaohsiung Intercontinental LNG Receiving Terminal in southern Taiwan

Trafigura signs long-term LNG supply agreement with KOGAS

Trafigura has signed a long-term agreement to supply liquefied natural gas (LNG) to Korea Gas Corporation (KOGAS), the Republic of Korea’s national gas company and one of the world’s largest importers of LNG.

Baker Hughes awarded long-term service agreement by bp for Tangguh LNG operations

Baker Hughes announced a long-term service agreement award from bp for its Tangguh LNG plant in Papua Barat, Indonesia.

PetroChina proposes to buy gas facilities from CNPC in $5.59-B deal

The deal comes as China's biggest oil and gas producer looks to ensure stable operation and develop its natural gas industrial chain.

Air Liquide advances deal to buy DIG Airgas

This major acquisition marks a significant strategic milestone for Air Liquide, substantially strengthening its market position in South Korea.

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