Asia-Pacific

Japan could boost LNG buys for emergency reserve to nearly 1 MMtpy

Japan is considering stepping up purchases of liquefied natural gas (LNG) for emergency needs to at least 12 cargoes a year from three now, to guard against unexpected supply shocks.

PetroChina ends its role as committed shipper on Trans Mountain pipeline

PetroChina Canada will no longer be a committed shipper on the Trans Mountain oil pipeline after assigning its contracts to another party.

Four tankers still at sea with unsold cargoes from Russia's Arctic LNG 2

Four tankers loaded with Russian Arctic LNG 2 cargo are still out at sea, according to data from ship-tracking agency Kpler, highlighting the struggles of the U.S.-sanctioned project to sell the sea-borne gas.

IEEFA: Canadian LNG will not boost Japan's energy security or Asia's decarbonization

With LNG Canada set to start up next year, liquefied natural gas (LNG) exporters in Canada are racing to build new projects along the country’s western coast. Many are enamored by the prospect of selling the fuel to Asian countries, particularly Japan.

Ichthys LNG Train 2 restarts, Train 1 to resume full ops in Nov.

Train 2 at Australia's Ichthys LNG restarted operations on Oct. 9, after it was previously taken offline for inspection and repair works.

The Gulf Energy Information Excellence Awards 2024 winners honored at live Houston gala

The 2024 Gulf Energy Information Excellence Awards was held on Wednesday evening at the Post Oak Hotel in Houston, Texas (U.S.). The black-tie gala recognized the energy industry’s leading innovations and thought leaders.

Nextchem (Maire) awarded licensing/process design package for H2 unit in Vietnam

Nextchem (Maire) awarded licensing and process design package to upgrade BSR's hydrogen production unit in Vietnam, based on its proprietary NX Reform technology.

Japan expands LNG flexibility via cooperation with South Korea, Italy

Japan has agreed on Sunday to study cooperating with South Korea and Italy on procurement of LNG as the world's second-biggest LNG importer after China seeks greater flexibility while strengthening its energy security.

China to remain world's top LNG buyer in 2024-25

China is set to remain the world's top buyer of LNG this year and next because of strong industrial demand. The country overtook Japan as the world's top LNG buyer as Japanese demand is falling amid nuclear reactor restarts, the roll out of renewable energy and overall weak economic development.

GAIL, AM Green sign MoU for jointly developing renewable energy and green chemical projects

GAIL (India) Limited and AM Green B.V. signed a Memorandum of Understanding (MoU) to focus on the long-term supply of carbon dioxide for eMethanol production and the exploration of hybrid renewable energy project across India.

Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October

Algeria's Sonatrach and Saudi Arabia's Aramco have raised official selling prices (OSPs) for liquefied petroleum gas (LPG) in October by around 3%–4% from September due to limited supply on the global market.

Japan top buyer of LNG from Russia's Sakhalin 2

Japan is currently the biggest importer of liquefied natural gas (LNG) from Russia's Sakhalin 2 plant accounting for 57.5% of its exports.

Slovak gas buyer SPP says talks continue to extend Ukraine transit

Slovak state-owned gas buyer SPP is continuing negotiations to secure an extension of gas transit through Ukraine after Kyiv's contract with Russian supplier Gazprom expires at the end of the year, and several options are on the table.

Australia's Santos and TotalEnergies sign LNG deal

Australian gas supplier Santos has signed a mid-term liquefied natural gas (LNG) supply contract with TotalEnergies' Singapore unit.

Air Liquide to invest €60 MM to support development of Wanhua Chemical Group in China

Air Liquide will invest close to €60 MM to take over and operate an air separation unit (ASU) within the context of a long-term contract with Wanhua Chemical Group (Wanhua), a global leading supplier of chemical innovative products, in the city of Yantai, China.

CIMC Enric, Angang Steel's first co-production of H2 and LNG from coke oven gas project successfully commences operations

CIMC Enric Holdings Ltd. and its subsidiaries have released that the coke oven gas-to-hydrogen (H2) and LNG co-production project invested and constructed by Angang CIMC (Yingkou) New Energy Technology Co. Ltd. has officially commenced operations, with a grand inauguration ceremony held in Bayuquan District, Liaoning.

CNOOC brings the Shenhai-1 Phase II natural gas development project on-stream

CNOOC Ltd. has commenced production at the Shenhai-1 Phase II natural gas development project.

India will not buy from Russia's sanctioned Arctic LNG 2 project

India will not buy liquefied natural gas (LNG) produced from Russia's Arctic LNG 2 project, which is sanctioned by Western countries, Oil Secretary Pankaj Jain said on Friday.

Japan's Mitsubishi to acquire stake in Petronas LNG plant

Japanese conglomerate Mitsubishi will acquire a 10% stake in a natural gas facility operated by Malaysian state energy giant Petroliam Nasional for a 10-yr period.

Britain targets Russian LNG sector with fresh shipping sanctions

Britain on Thursday sanctioned five vessels and two associated entities involved in the shipping of Russian liquefied natural gas (LNG), with the government saying it was using new legal powers for the first time to target LNG vessels directly.

Vietnam's first LNG power plant to start commercial operations from April 2025, five months behind target

Vietnam's first power plant using solely liquefied natural gas (LNG) is expected to start commercial operations from April next year, five months later than the previous target date.

Tanker ships condensate from Russia's Arctic LNG 2 to port of Vitino

A tanker has begun making shipments of gas condensate to the Arctic port of Vitino from the Arctic LNG 2 project.

China to start up Guangdong LNG terminal, ExxonMobil has 20-yr access

China's Guangdong Energy Group is expected to start commercial operation of a new liquefied natural gas (LNG) receiving terminal in south China next week, which U.S. major ExxonMobil has agreed to use under a 20-yr agreement.

Turkey's Botas in talks with Iran's national gas company for long-term supply

Turkish state energy company Botas said on Wednesday that it had held talks with Iran's national natural gas company NIGC for the long-term supply of natural gas from Iran to Turkey.

Column: Southeast Asia's bright gas demand outlook may disappoint

Southeast Asia is fast becoming a key growth market for natural gas, and on paper has an aggressive development pipeline for gas-fired power stations that if completed would ensure the region would be a major gas consumer for decades.

TotalEnergies will supply 200,000 tpy of LNG to HD Hyundai Chemical until 2033

In line with its strategy to grow its long-term LNG sales, TotalEnergies announced the signing of a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tpy of LNG for 7 years starting from 2027.

Russia's Novatek suspends work on two LNG projects due to sanctions

Russian natural gas company Novatek has suspended work on the development of the Murmansk and Ob liquefied natural gas (LNG) projects due to pressure from western sanctions.

Dutch see rise in Russian LNG imports, urge further sanctions

Imports of liquefied natural gas (LNG) from Russia at the Netherlands' main terminal in Rotterdam have risen in recent months, underlining the need for further sanctions.

Hanwha signs MoU with GasLog to convert LNG propulsion to ammonia

Hanwha Power Systems signed a Memorandum of Understanding with GasLog to convert its LNG carrier propulsion system to an ammonia gas turbine.

LNG contracting off to a great start in 2024

Long-term LNG contracting activity is off to a strong start in 2024. Since the beginning of the year, 58 MMtpy of LNG SPAs (sales purchase agreements), capacity agreements and Heads of Agreements (HOAs) have been signed. This follows over 94 MMtpy of new LNG SPAs and HOAs agreed upon last year.