Asia/Pacific

Australia Bucks Climate Trend with Plan to Subsidize Natural Gas, Coal

Australia's federal government is proposing what amounts to a subsidy to natural gas- and coal-fired power generation, in a bid to solve a problem the country's energy market operator says doesn't exist.

China's LNG Import Surge to Cool in Winter as High Prices Bite

Pipeline gas will continue to ramp up to provide a supply cushion during winter, which includes supplies from Russia, which is scheduled to increase the amount of gas pumped via the Power of Siberia pipeline by 50% by the end of the year versus August levels.

Perspective: Demand Only One Side of LNG Price Surge, Supply Cut by Outages

That the price of spot cargoes is at the highest for this time of year since 2013 has been largely put down to robust demand from top importers such as China, and a determination among buyers to ensure natural gas stocks are adequate for the upcoming northern hemisphere winter.

India to Monetize $81 billion of State Assets, Including Pipelines

India plans to sell 6 trillion rupees ($80.90 billion) worth of state-owned assets over the next four years under privatization plans previously announced in the 2021/2022 budget to boost public finances.

China to Fund Myanmar Projects in Agreement with Junta

China will transfer over $6 million to Myanmar's government to fund 21 development projects, Myanmar's foreign ministry said, in a sign of cooperation resuming under the junta that overthrew an elected government on Feb. 1.

China's Crude Oil, Gas Imports Rebound in July

China's crude oil imports rebounded in July from a six-month low as state-backed refiners ramped up output after returning from maintenance. LNG and pipeline gas imports also showed big gains.

ESAI: Era of Peak Demand Growth for NGLs' Nears End

The era of "peak demand growth" for natural gas liquids will come to an end by 2025, according to ESAI Energy's newly published Global NGL 5-Year Outlook.

Perspective: What Lifting US Sanctions Means for the Nord Stream 2 Pipeline

The Biden administration admits that the US sanctions are currently unlikely to succeed, as the project is almost complete and his government wants to improve relations with Germany.

Armenia Wants Russian Army Outposts on Azerbaijan Border Amid Tensions

Tensions between Armenia and Azerbaijan, two former Soviet republics, are watched closely abroad for any threat to Azeri gas and oil pipelines and the risk of regional powers Turkey and Russia being dragged into any conflict.

Biden Admin Reveals Decade-Old China Pipeline Hack, Plans for Cybersecurity Talks

The Biden administration revealed Chinese state-sponsored hackers between 2011 and 2013 targeted nearly two dozen U.S. oil and natural gas pipeline operators with the goal of “holding U.S. pipeline infrastructure at risk."

Nigeria Seeks $1 Billion for Key Gas Pipeline as it Awaits Chinese Lending

Nigeria is seeking $1 billion so work can continue on a gas pipeline costing up to $2.8 billion after Chinese lenders which had pledged to offer most of the funds did not disburse cash as quickly as expected.

Global News July 2021

11 EU Countries Oppose Plan to Continue Gas Project Funding, FERC Approves Enable’s Proposed Louisiana Pipeline and more

South Korea Signs 20-Year LNG Deal with Qatar

South Korea's energy ministry said on Monday it had signed a 20-year LNG supply agreement with Qatar for the next 20 years starting in 2025.

Tokyo Gas to Start Methanation Pilot Program by End-March

Tokyo Gas Co Ltd, Japan's biggest city gas supplier, said on Wednesday it would start a demonstration test of methanation, a technology to help decarbonize city gas, in Japan by the end of next March.

First Deepwater Gas Field Fully Run by China Starts Production

The first deepwater gas field fully operated by a Chinese company, Lingshui 17-2, started production on Friday, the country's national offshore producer CNOOC Ltd said.

Taiwan's CPC Cleaning Up Oil Pipeline Leak Near Talin Refinery

Taiwan's state-owned refiner CPC Corp has started cleaning up an offshore oil spill caused by a pipeline that cracked during the discharging of oil from a vessel at its Talin refinery.

PipeChina Aims for Peak Carbon Emissions Before 2030

China Oil and Gas Pipeline Network, or PipeChina, aims to bring its carbon emission and energy consumption to a peak before 2030, a company manager said.

Police Detain Eight Employees of China Gas Unit After Deadly Pipeline Blast

Eight employees at a China Gas Holdings unit have been detained by local police following a fatal gas pipeline explosion on Sunday, according to a statement by the Shiyan city government.

LNG's Share of Indian Gas Demand Forecast to Rise to 70% by 2030

Indian companies are investing billions of dollars to strengthen gas infrastructure, including laying 15,000-kilometer (9,320-mile) pipelines to supply cleaner fuel to households and industries.

Death Toll in China Gas Pipe Explosion Rises to 25

The number of people killed in a gas pipeline explosion in central China on Sunday has risen to 25, state broadcaster CCTV reported on Monday.

Posco International Reviewing Dividend Payments on Myanmar Gas Project

South Korea's Posco International said it is reviewing dividend payments on a gas project in Myanmar, in a move that could further constrain funding to the military junta, which seized control of the country in a Feb. 1 coup.

Russia, Pakistan Agree to Build Pakistan Stream Gas Pipeline

Russia and Pakistan have signed an agreement to build the Pakistan Stream gas pipeline, Russia's energy ministry said on Friday.

Total Announces Suspension of MGTC Cash Distributions

France’s Total distributed millions of dollars to a shareholder run by Myanmar’s military through gas sales linked to a pipeline, French newspaper Le Monde reported.

Shell Exits Philippine Gas Field in $460 Million Deal

Aside from gas reserves, Malampaya's assets include undersea pipelines and other facilities that could be tapped by future sellers and users of imported LNG.

Total and Papua New Guinea Government Remobilizing, Planning Papua LNG Project

France-based oil company Total and the government of Papa New Guinea announced the remobilization of the Papua LNG project after a year of delay caused by the Covid-19 pandemic.

LNG Cargoes Diverted from India as COVID Crisis Dampens Demand

LNG cargoes are being diverted away from ports in India as surging coronavirus cases there hamper domestic gas demand, trade and shipping sources said on Monday.

Indonesia to Stop LPG and Fuel Imports by 2030

Indonesia will stop both liquefied petroleum gas and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target, a top energy official said.

Neptune Energy Producing Natural Gas from Merakes Project in Indonesia

Neptune Energy announced that the operator, Eni, said production has started from its Merakes development in the East Sepinggan block offshore Indonesia.

Malaysia's Petronas Exports LNG in ISO Tanks to China

Malaysia's Petroliam Nasional Bhd said on Monday that it has started exports of LNG in ISO tanks to China from its filling facility in Pengerang in the southern state of Johor.

Chevron Lobbies U.S. Officials on Myanmar as Sanctions Pressure Rises

U.S. oil giant Chevron Corp lobbied lawmakers and government officials to protect its energy interests in Myanmar during the first quarter, as the administration of President Joe Biden comes under pressure to impose sanctions against the south Asian country’s military junta.