Asia/Pacific

India to Simplify Gas Pipeline Tariff to Boost Demand

India's oil minister announced the country is planning to simplify its gas pipeline tariff structure in order to attract further investment into the nation's gas infrastructure.

U.S. Gas Deliveries for LNG Export Fall by More than Half

Daily natural gas deliveries to U.S. facilities that produce LNG for export were a record 9.8 Bcf/d in late March 2020, but deliveries fell to less than 4 Bcf/d in June.

China Could Top Japan's LNG Imports in 2020 as Coronavirus Cuts Demand

The unusual market conditions brought on by the coronavirus pandemic may cause LNG imports into China to surpass Japan much sooner than expected, according to an industry analyst.

India Steps up Bet on Gas With First Gas Trading Exchange

India on Monday launched its first natural gas trading exchange, as it continues efforts to reduce greenhouse gas emissions by expanding the share of gas in its energy mix.

LNG Recovery in Asia Depends on China, India Policies

The International Energy Agency (IEA) forecasts a gradual recovery in global natural gas demand in 2021-22, but the extent of that rebound depends on how committed China and India remain to their transitions from coal.

Actuators Specified for Long-Haul Pipeline in India

A currently under construction 435-mile (700-km) pipeline from southern India to a key refinery has selected hundreds of Rotork actuators for the project, according to a company spokesman.

Kazakh Firm Plans to Spin Off Gas Shipping and Trading Unit

Kazakh state oil and gas firm KazMunayGaz said it plans to spin off its natural gas shipping and trading subsidiary Kaztransgas and will seek creditors' consent for the move.

Malaysia's LNG Exports in May Set to Drop to Lowest Since Mid-2018 — Data

LNG exports from Malaysia, the world's fourth-largest natural gas exporter, are expected to drop to their lowest levels in two years as producers are hit hard by plunging demand stemming from the coronavirus pandemic.

Sinopec to Build $2.8 Billion LNG Terminal in Eastern China

Sinopec has contracted with the city of Zhoushan on China's eastern coast to build a $2.8 billion LNG import terminal.

Petronas, China LNG Deal Calls for Distribution via ‘Virtual Pipelines’

Petronas and China's Clean Tiger Energy have agreed to an LNG supply deal with a provision that the Chinese company distributes the fuel to remote locations using ISO tanks.

Gazprom Begins Preparation for Power of Siberia-2

Russian gas giant Gazprom has begun a feasibility study for its Power of Siberia-2 natural gas pipeline.

More Pipelines Are Needed for India to Increase LNG Imports — EIA Report

Recent data released by the U.S. Energy Information Administration shows that in order to continue to increase its LNG imports, India needs to build more gas pipelines.

Tokyo Gas Maintains LNG Imports, Infrastructure Projects Despite Profit Plunge

Japan's biggest supplier of city gas said net profit fell by nearly half in the fiscal year ended March 31, but it has no plans to cut LNG imports or change its overseas investment plan.

Part Two: China’s Pursuing Historic Diversification of Pipeline Routes

In our second look at China’s pipeline infrastructure, Energy Writer Gordon Feller explores CNPC’s investment of billions of dollars in Kazakhstan´s energy sector and doubts that remain surrounding a final export corridor.

U.S. LNG Cargoes Heading to China After Beijing Awards Tax Waivers

For the first time in over a year, cargoes of U.S. LNG are heading to China after the government began awarding tax waivers to some importers.

China's CNOOC Signs Pipeline Assets Transfer Agreement with PipeChina

China National Offshore Oil Corp (CNOOC) has signed an agreement with newly launched PipeChina on transferring management rights for oil and gas infrastructure projects.

U.S. Oil Output Set to Plunge as Storage Fills

Ultra-low oil prices and full storage tanks and pipelines will force an unprecedentedly fast decline in U.S. output this year as producers are forced to choke or shut old wells and cut back new drilling, writes market analyst John Kemp.

Indian LNG Importers Issue Force Majeure — Sources

Several Indian LNG importers have issued force majeure notices after the country has shut down to help prevent the spread of the coronavirus.

PetroChina to Seek Price Talks with Gas Suppliers as Coronavirus Hits Demand

PetroChina is looking to renegotiate gas prices with several global suppliers, as well as a transfer of pipeline assets, amid plunging gas demand due to the coronavirus pandemic.

China to Resume U.S. LPG Imports as Beijing Waives Trade-War Tariff — Sources

China has once again begun buying U.S. LPG as the government waived tariffs as part of the U.S.-China trade deal.

Shell, INOX India Sign MoU for LNG Distribution

Shell has signed a Memorandum of Understanding with India's INOX to deliver LNG to customers not connected to distribution pipelines.

Kazakhstan Decreases Gas Supplies to China

Kazakhstan has reduced natural gas supplies to China by 20-25%, Energy Minister Nurlan Nogayev said on Wednesday, after importer PetroChina issued a force majeure notice to suppliers this month.

PetroChina Suspends Gas Contracts as Coronavirus Hits Demand — Sources

PetroChina has suspended some natural gas imports, including LNG and pipeline gas, as a seasonal plunge in demand adds to the impact on consumption from the coronavirus outbreak.

China Imports 840 Million Cubic Meters of Gas Through Power of Siberia

China imported 840 million cubic meters of natural gas by Feb. 25 through the "Power of Siberia" pipeline, launched in December, or an average of 10 million cubic meters daily, state-run Xinhua news agency said late Wednesday.

ExxonMobil, Indian Oil, Chart Industries to Develop Virtual Gas Pipelines for India

Chart Industries, Inc. has signed a Letter of Cooperation with ExxonMobil India LNG, and Indian Oil Corporation to develop virtual LNG pipelines in India.

AG&P Breaks Ground on LNG Terminal in India; Plans Two More

Singapore-based AG&P just broke ground in India on its first LNG terminal and says it is confident in financing for two more within the next two years.

India Nears Record Imports as LNG Prices Slump on Virus Impact

India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting all-time lows due to the coronavirus outbreak dampening demand in China.

China Resumes Construction on Mid Section of East-Route Pipeline

The middle section of the China-Russia east-route natural gas pipeline project resumed construction in Jinzhou City, northeast China's Liaoning Province, on Wednesday.

China's January Gas Consumption Falls for First Time in 2 Years

China's natural gas consumption in January saw its first year-on-year contraction in at least two years, data compiled by Chongqing Petroleum and Gas Exchange, a government-backed energy trading platform, showed on Monday.

Analysts Cut China's Gas Demand Estimates as Virus Outbreak Weighs

Several analysts cut their gas demand forecasts for China, the world's top gas importer, as the fast-spreading coronavirus outbreak is expected to depress industrial, commercial and transportation appetite over the next few months.