Asia-Pacific

Uptick in LNG demand in Asia, Europe insufficient to drive prices

Rising demand for LNG in the top importing regions of Asia and Europe hasn't been enough to spark an increase in spot prices, which continue to languish.

Asia spot LNG prices fall amid full inventories, warmer weather

Asian spot LNG prices fell this week as full inventories and warm weather helped mitigate concerns over new U.S. sanctions on Russia's Arctic LNG 2.

Top LNG importer China re-selling more cargoes, eyes trading gains

China, the world's top importer of LNG, is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks to profit from price swings.

Electrical incident curtails LNG output at Chevron's Gorgon facility

An "electrical incident" last month has curtailed the output of LNG at Chevron's Gorgon facility in Western Australia.

Japan says to ensure U.S. sanctions on Russia LNG project won't harm supplies

Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project in Russia in which it has a stake.

TES and Tokyo Gas partner to advance hard-to-decarbonize sectors with e-NG

Tree Energy Solutions and Tokyo Gas Co., Ltd. announce that they have signed an agreement to explore and develop e-NG supply chains globally as part of efforts to foster the global energy transition and the roll out of e-NG.

Sinopec signs new 27-year LNG supply deal with QatarEnergy

State-owned Chinese firm Sinopec signed a new 27-year LNG supply and purchase agreement with QatarEnergy.

Asia spot LNG prices fall amid full inventories, mild weather

Asian spot LNG prices fell this week but remained at a near nine-month high as geopolitical risks raised market concerns despite full inventories and a mild start to winter.

Gazprom delivers second LNG shipment to China, taking Suez Canal

Russia's Gazprom delivered a second shipment of LNG to China, sending it via the Suez Canal rather than the northern sea route taken by the previous cargo.

Mitigating Corrosion Under Insulation (CUI) with Liquid Coatings

The hidden dangers of corrosion under insulation (CUI) span the oil and gas industry from upstream operations to midstream infrastructure to downstream applications, including the production of liquified natural gas (LNG).

Australia LNG workers vote in support for Chevron deal

An Australian union alliance's members voted in support to endorse deals on pay and conditions at Chevron's two LNG facilities in Australia.

Indonesia sees nearly 70 uncommitted LNG cargoes in 2026, seeks buyers

Indonesia sees nearly 70 uncommitted cargoes of LNG in 2026, energy ministry official Tutuka Ariadji said, as a number of gas projects are expected to come online in the coming years.

India's Petronet hopes diplomatic row with Qatar will not hurt gas talks

The CEO of India's Petronet LNG said he hoped negotiations between India and Qatar to extend their long-term liquefied natural gas import deals beyond 2028 would not be harmed by a diplomatic row between the countries.

Australia's Origin in talks to import LNG from Venice Energy's terminal

Australian energy infrastructure developer Venice Energy said that power producer Origin Energy is in talks to import LNG from its Outer Harbor LNG terminal and be the sole user for at least a decade.

Eni could more than double gas production in Indonesia

Italy's Eni could more than double its gas production in Indonesia thanks to the development of a recent discovery and potential synergies with assets it already owns.

Asia spot LNG prices steady on heating demand support

Asian spot LNG prices were little changed this week, as steady European heating demand supported prices despite forecasts of mild weather in the coming months.

Thailand soars from 11th to 8th in global LNG import rankings with 25% surge

Thailand has jumped from eleventh to eighth in the world ranking for imports of LNG, after purchases through October soared 25% from the same period in 2022.

South Korea's Hyundai, Saudi Aramco clinch $2.4 B gas plant deal

South Korea's Hyundai Engineering & Construction and Hyundai Engineering have signed a $2.4-B contract with oil giant Saudi Aramco to build a gas processing plant.

IEA says "unprecedented" supply surge could lead to LNG glut from 2025

An expected strong rise in LNG production capacity will ease prices and gas supply concerns, but also risks creating a supply glut.

Construction of Mongolian part of Russian gas link to China may start in early 2024

Construction of the Mongolian portion of Russia's planned new Power of Siberia-2 gas pipeline to China may start in the first quarter or first half of 2024.

Singapore LNG to develop country's second LNG terminal

Singapore LNG Corp will develop and operate the country's second LNG terminal, with gas supply capacity of up to 5 mtpa.

Russia's Gazprom to supply extra gas to Hungary and China this year

Russia's Gazprom will supply extra gas to Hungary through the coming winter and will also provide China with an additional 600 Mm3 this year on top of contractual obligations.

Asia spot LNG prices rise on stronger northeast Asian demand

Asian spot LNG prices rose more than $3 this week to a near nine-month high, supported by increased demand from northeast Asian buyers and amid tensions in the Middle East.

Russia aims to boost LNG sales, trade with China via NSR, Novak says

Russia wants to increase trade with China via the Northern Sea Route and become its top supplier of LNG.

Russian gas supplies to China may soon match exports to West Europe

Russian pipeline gas supplies to China may soon match volumes sent to Western Europe.

Abu Dhabi's ADNOC Gas signs 2-yr LNG supply deal with Japan's JERA

Abu Dhabi's ADNOC Gas and Japan's JERA Global Markets signed a LNG agreement valued between $500-700 MM.

Chevron and LNG workers in Australia agree on deal

Chevron Australia and employees at its two LNG plants in Australia reached an agreement on pay and conditions, ending an impasse that had led workers to threaten renewed strikes later this week.

Russia-China oil and gas cooperation in focus as Putin visits Xi

Beijing has rejected Western criticism of its growing partnership with Moscow in light of Russia's conflict in Ukraine and it insists the ties do not flout international norms, and China has the prerogative to collaborate with whichever country it chooses.

Chevron LNG workers in Australia reaffirm strike plans

Workers at Chevron's two LNG plants in Australia reaffirmed their plan to resume strikes as mediated talks continue, with the U.S. energy major saying that workers were being unreasonable.

FueLNG celebrates monumental milestone: 100th ship-to-ship LNG bunkering operation

FueLNG, a joint venture between Seatrium Offshore & Marine Ltd and Shell Singapore Pte. Ltd, announces the successful completion of its 100th ship-to-ship LNG bunkering operation.