Asia-Pacific

Global Projects Data

6/19/2024

This article provides a summary of active gas processing and LNG projects around the world, including total project numbers, and market share by region and activity level.

Global pipelines construction outlook 2024—Part 2

6/19/2024

This article will provide a forecast on pipeline construction in Africa, Asia, Europe, Russia and the Commonwealth of Independent States (CIS), and the Middle East.

Indonesia to begin construction of 245-km Java gas pipeline in July

In July, Indonesia plans to begin construction of a 245-km (152.24 mi) gas pipeline in Java to connect excess supply in eastern part of the island to buyers in the west.

Bangladesh's Petrobangla cancels LNG spot cargo deliveries

Bangladesh's Petrobangla has canceled some spot liquefied natural gas (LNG) imports after one of the country's two import terminals was damaged during a cyclone, leaving it unable to receive shipments.

Vast and Mabanaft advance Port Augusta green methanol project in Australia

Vast Renewables Ltd., a renewable energy company planning to power green fuels production with its concentrated solar thermal power (CSP) energy systems, announced it has signed a Joint Development Agreement (JDA) with global energy company Mabanaft to advance Solar Methanol 1 (SM1), a CSP-powered green methanol reference plant.

Russia's LNG industry and a possible EU ban on re-exports

The European Union is considering imposing a ban on re-exporting Russian liquefied natural gas (LNG) via EU ports, saying it would help to reduce Moscow's revenues.

Mitsubishi Shipbuilding launches new LNG-powered RO/RO ship

Mitsubishi Shipbuilding Co. Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, held a christening and launch ceremony for the Trans Harmony Green, the first of two LNG-powered roll-on/roll-off (RO/RO) ships under construction for Toyofuji Shipping Co. Ltd.

New Zealand to introduce bill to reverse oil and gas exploration ban

New Zealand's government will introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector.

CPGC and BASF sign framework agreement on carbon capture technology onboard LNG carriers

CSSC Power (Group) Corp. Ltd. (CPGC) will install its advanced Onboard Carbon Capture System (OCCS) on multiple LNG carriers and utilize BASF’s OASE® blue technology.

Venice Energy's search for LNG development partners receives strong interest

The future of a proposed LNG import terminal project in South Australia has become clearer following strong interest from several international energy development companies with ties to both the U.S. and Asia.

QatarEnergy selects CPC as North Field expansion partner, signs 4 MMtpy LNG SPA for 27 years

QatarEnergy signed definitive agreements with CPC Corporation, Taiwan (CPC) covering the long-term supply of LNG to CPC and partnership in the North Field East (NFE) LNG expansion project.

DNV and Petronas CCS ventures collaborate to enable CCS value chains across SE Asia

DNV and PETRONAS’ wholly-owned subsidiary, PETRONAS CCS Ventures Sdn Bhd (PETRONAS CCS Ventures), have recently signed a Master Price Agreement for the certification of carbon dioxide (CO2) storage sites and associated facilities for carbon capture and storage (CCS) projects in Malaysia.

Bangladesh's Summit LNG to send damaged FSRU to Singapore or Middle East for repairs

Bangladesh's Summit LNG said its floating storage and regasification unit (FSRU) was ready to discharge the liquefied natural gas (LNG) it had onboard before proceeding to Singapore or the Middle East for necessary repairs.

Scorching heat drives India's gas-fired power use to multi-year highs in May

Sweltering heat and policy measures are fueling a surge in the use of gas-fired power in India, with imports of LNG forecast to rise sharply over the next two years.

TotalEnergies increases LNG deliveries to Asia with two new contracts

In line with its strategy to grow its LNG business, TotalEnergies announced the signing of two new LNG medium- and long-term contracts in Asia with Indian Oil and Korea South-East Power.

JERA sells equity stake in Freeport LNG (U.S.) to Japan Petroleum Exploration Co.

JERA plans to sell an equity stake in Freeport LNG to Japan Petroleum Exploration Co., Ltd.

Decarbonizing the Pilbara-to-Asia export trade route: Joint study demonstrates pathway to net-zero emissions

A recent joint study revealed that well-to-wake emissions in the Pilbara-to-Asia iron ore export trade route can be reduced by over 90% by 2050 through the use of liquefied methane (LNG).

Japan, EU agree to work on creating hydrogen demand and supply

Japan and the European Union agreed to work together on policies related to creating demand and supply for clean hydrogen as well as to cooperate in advancing technologies to develop the new fuel

Goldman Sachs: Global LNG market to grow by 50% by 2029

Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.

Proposed EU ban on Russian LNG transhipments pose no problems for Asia

Proposed new European sanctions targeting transhipments of Russian liquefied natural gas (LNG) are unlikely to impact Asian buyers, Kadri Simson, European Commissioner for Energy.

Russia's May pipeline gas exports to Europe jump 39%

Russian energy giant Gazprom's average daily natural gas supplies to Europe in May rose by 7.3% from April and 39% year on year.

Extreme Asian heat spurs LNG demand ahead of summer months

Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.

Woodside gets $1 B in funding for Scarborough LNG project

Woodside will receive $1 B in funding for its flagship Scarborough LNG project from state-owned Japan Bank for International Cooperation.

Chevron Australia says full LNG production resumed at Gorgon facility

Chevron has resumed full liquefied natural gas (LNG) production at its Gorgon Gas facility in Australia, after a mechanical fault caused one production train to go offline in late April.

Malaysia's Petronas Q1 profit falls on high costs, lower LNG prices

Malaysia's state energy firm Petronas, or Petroliam Nasional Berhad, reported a near 11% decline in first-quarter net profit on Friday due to higher operating costs and lower realized prices across its businesses.

Australia's Wesfarmers to sell LPG, LNG distribution businesses

Wesfarmers will sell its liquefied petroleum gas (LPG) and liquefied natural gas (LNG) distribution businesses to Supagas and Clean Energy Fuels Australia, respectively, for an undisclosed sum.

Southeast Asia's $220-B gas expansion plans to boost power/LNG capacity

Southeast Asia has more than $220 B in projects that could raise Southeast Asia's gas-fired power capacity by more than 100 GW, doubling the current level, and raise LNG imports into the region by 80%.

India's Adani Total considering building more plants in India for LNG import

Adani Total Pvt Ltd, a joint venture between India's Adani Group and France's TotalEnergies, is considering building more plants in India to import LNG to meet the growing demand for the cleaner fuel.

China plans CO2 emission cuts in key sectors by 1% of 2023 level

China aims to reduce the carbon dioxide emissions of key industries by an amount equivalent to about 1% of the 2023 national total through efficiency gains in everything from steel production to transportation.

Russia's January–April natural gas output up 7.8%

Russia's natural gas output for January to April rose 7.8% yr-on-yr to 253.3 Bm3 thanks to a rising domestic demand and eastbound exports.