Asia-Pacific
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.
China's LNG imports are set to rise for a 4th month, but it's not bullish
The world's biggest buyer of the super-chilled fuel is on track to see imports of 6.04 MM tonnes (t) in August, the strongest since the same volume was landed in January.
Asia's imports of U.S. LNG to surge, but likely not enough for Trump
Asia's LNG imports from the United States will surge to 3.61 MMt in October, which would be the second-highest on record behind the 3.75 MMt from February 2021.
Amigo LNG signs 20-yr SPA with Gunvor
Amigo LNG announced the signing of a definitive long-term sale and purchase agreement with Gunvor Singapore Pte Ltd of 850,000 tpy of LNG for 20 yrs.
LNG cargoes from sanctioned Arctic LNG 2 project travel east
Four liquefied natural gas (LNG) tankers carrying cargoes from Russia's Arctic LNG 2 plant, sanctioned over Moscow's war in Ukraine, are headed east toward Asia.
India ONGC eyes Buying 600,000 tpy of ethane for West India petrochemicals plant
An executive for India's Oil and Natural Gas Corp. Ltd. has said that the company is looking at buying 600,000 tpy of ethane for a West India petrochemicals plant. However, additional details have not been made available.
Australia's Santos extends due diligence deadline for $18.7 billion ADNOC-led offer
Santos said it had extended the period of exclusive due diligence to an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which had offered $18.7 billion for Australia's second biggest gas producer.
AVTL to develop new €170-MM LPG terminal at the JNPA port in Mumbai, India
In India, AVTL announced a positive final investment decision to build a greenfield terminal for 132,000 m3 of LPG and 318,000 m3 of liquid products and a LPG bottling plant of 35,000-t capacity in the JNPA port in Mumbai.
Cheniere and JERA sign long-term LNG sale and purchase agreement
Under the SPA, JERA has agreed to purchase approximately 1 metric MMtpy of LNG from Cheniere Marketing on a free-on-board basis from 2029 through 2050.
Samsung E&A awarded FEED contract for Inpex's Abadi LNG project
SAMSUNG E&A announced that it received Letter of Award for the front-end engineering design contract for the Indonesia INPEX Abadi Onshore LNG Project from INPEX Masela Ltd.
Update: Inpex awards more contracts in engineering design for Indonesia's Abadi LNG project
In April, the firm launched a front-end engineering design (FEED) process to assess technical details and costs to build the facilities needed to extract and process natural gas from the Abadi gas field and convert it to LNG at an onshore plant.
- Freeport LNG export plant in Texas reports shutdown of liquefaction train
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- Five energy market trends to track in 2026, the year of the glut
- Venture Global wins LNG arbitration case brought by Spain's Repsol
