Asia/Pacific
Japan to Establish LNG Reserves This Year; IEA May Play Bigger Role
Japan, the world's top LNG buyer along with China, is promoting gas as a transition fuel before its economy reaches zero-neutrality in 2050. Japan also wants to be an LNG trading hub for Asia, especially for nations switching from coal to gas.
Riyadh, Tokyo to Cooperate on Energy Security, Hydrogen and Ammonia
Saudi Arabia said on Sunday it remains committed to securing oil supplies for Japan and will continue cooperating with Tokyo on clean hydrogen, ammonia, and recycled carbon fuels.
Indian Oil Signs Long Term LNG Import Deals with ADNOC LNG, TotalEnergies
Indian Oil Corp., the country's top refiner, has signed long-term LNG import deals with United Arab Emirates' s Abu Dhabi Gas Liquefaction Co. Ltd. (ADNOC LNG) and France's TotalEnergies.
Brent Oil Hovers Above $81 After Supply Disruptions
Global benchmark Brent crude hovered above $81 a barrel on Friday, with bullish sentiment over U.S. demand bolstered by supply disruption in Libya and Nigeria.
Cheniere Shunning Panama Canal for Longer LNG Routes to Asia
Top U.S. LNG exporter Cheniere Energy is shunning the Panama Canal to transport LNG to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal on Monday.
Pipeline Construction Stalls Startup of Indian LNG Terminal
The terminal was completed in March, but its commissioning has been delayed as a 40-km (25-mile) pipeline link to an existing network meant for consumer sales is not yet ready.
McDermott Awarded Shell Contract for Offshore Malaysia Pipelay, Installation Project
(P&GJ) — Under the scope of the contract, McDermott will perform transportation and installation services for two pipeline segments and one section of flexible pipelay. McDermott will also provide pre-commissioning works on all infield pipelines and perform the structural installation of three jackets and topsides.
Engie Bets on Korean Demand with $7 Billion Oman Green Ammonia Project
The approximately $7 billion project will consist of five gigawatts of new wind and solar, an electrolyzer producing 200,000 tons of hydrogen each year, and dedicated hydrogen pipelines to bring the gas to an ammonia production plant near the port of Duqm.
Mexico Pacific Signs 20-Year LNG Supply Deal with China's Zhejiang Energy
Mexico Pacific Ltd. has struck a 20-year deal to sell 1 million tons of LNG a year from its Saguaro Energia export plant in Sonora state to China's Zhejiang Energy, it said on Wednesday.
Trans Mountain Pipeline Expansion Likely to Send More Canadian Oil to US, Not Asia
The Trans Mountain pipeline expansion (TMX) was meant to unlock Asian markets for Canadian oil, but analysts and traders said those barrels now will probably land on the U.S. West Coast as Asia gobbles up Russian oil that is cheaper due to sanctions from Western countries after Moscow's invasion of Ukraine.
Nigeria’s 384-Mile AKK Gas Pipeline Now 70% Complete
(P&GJ) — Nigeria has completed 70% of its 384-mile AKK gas pipeline; Kinder Morgan has launched a binding open season for the expansion of its SFPP pipeline; Sinopec has announced plans to build a 259-mile hydrogen pipeline in Mongolia; Peninsula Pipeline has finished its natural gas expansion project in Florida; and more in the latest issue of P&GJ's Project Update.
Sinopec's First Green Hydrogen Plant Starts Production in Xinjiang
Sinopec's first green hydrogen facility has the capacity to produce 20,000 metric tons of hydrogen a year, using solar power to electrolyze water, the company said in a statement.
Beijing Holds All Cards in Russia’s Eastern Energy Pivot
(P&GJ) — Russia is looking to build on its energy ties with China, a key buyer of its gas. But Beijing’s position of power in the relationship may mean the sanctioned producer is in no rush to complete new projects, especially the much-discussed Power of Siberia 2 pipeline.
Cheniere Signs LNG Supply Deal with China's ENN
Cheniere Energy said on Monday it will supply 1.8 million tonnes of LNG per annum to China's ENN Natural Gas for over 20 years.
Pakistan Seeks Spot LNG Cargoes, Inks Supply Deal with Azerbaijan
Pakistan has issued two tenders seeking spot LNG cargoes for the first time in nearly a year on Tuesday while also announcing a deal that will see Azerbaijan provide the country with one LNG cargo per month.
Beijing Gas to Start Regasification Terminal in October, Secures Term Contracts
The new terminal, located in Tianjin and connected with the Chinese capital Beijing via a 300-km (186-mile) pipeline, can handle 5 million tonnes of LNG annually.
First Discounted Russian Crude Oil Cargo Arrives in Karachi
Pakistan's Prime Minister Shehbaz Sharif on Sunday said the first cargo of discounted Russian crude oil arranged under a new deal struck between Islamabad and Moscow had arrived in Karachi.
Japan to Invest $107 Billion in Hydrogen Supply Over 15 Years
Japan plans to invest $107.5 billion over the next 15 years to supply the country with hydrogen, the government said on Tuesday, as it accelerates efforts to use the gas to shift to a low-carbon economy.
Pembina Pipeline, Marubeni to Partner on Low-Carbon Ammonia Export Project
(P&GJ) — Initial feasibility studies have been completed and the facility has an anticipated design capacity of up to 185 kilotonnes per annum of low-carbon hydrogen production, which will be converted into approximately one million tonnes per year of low-carbon ammonia.
Source: QatarEnergy to Sign Long-Term Asian LNG Supply Deal on Thursday
QatarEnergy will sign a long-term LNG supply deal with an Asian entity on Thursday, a source with direct knowledge of the matter told Reuters.
As Gas Reserves Wane, Philippines Faces Rising Costs in Switch to LNG
With just four years before the Philippines' only gas field is set to run dry, the country has started importing LNG, creating a fresh headache for a government struggling to curb high inflation.
PetroChina, BP Awarded 20-Year Access to Europe's Gate LNG Terminal
PetroChina International and energy giant BP have won a tender that will allow each to handle 2 billion cubic meters of gas annually for 20 years at Rotterdam's Gate terminal, the Chinese state firm's first long-term access to a European gas terminal.
U.S. State Department Warns China Could Hack Infrastructure, Including Pipelines
The U.S. State Department warned that China could launch cyber attacks against critical infrastructure, including oil and gas pipelines after researchers discovered a Chinese hacking group had been spying on such networks.
PetroVietnam Gas Signs Deal for First LNG Cargo from Shell Eastern Trading
PetroVietnam Gas said on Tuesday it had signed a contract to buy Vietnam's first LNG cargo from Singapore-based Shell Eastern Trading.
Philippines' First Gen Seeks One LNG Cargo for FSRU Commissioning in September
The company expects to commission its floating storage and regasification unit (FSRU) in Batangas province, about 92 km (57 miles) south of capital Manila, in September, and is looking for an initial LNG cargo of 160,000 cubic meters, said chief commercial officer Jonathan Charles Russell.
Cheniere Inks 19-Year LNG Supply Deal with Korea Southern Power
(P&GJ) — Under the agreement, Korea Southern Power has agreed to purchase approximately 0.4 MTPA of LNG from Cheniere on a delivered ex-ship basis from 2027 through 2046, with a smaller annual quantity to be delivered starting in 2024.
Kazakhstan, Russia Map Out Gas Pipeline to China
The pipeline would help Russia, hit by Western sanctions over its invasion of Ukraine, boost sales of its energy and commodities in Asia while also ensuring that Kazakhstan secures supplies for its central, northern and eastern regions.
Philippines' Marcos Signs 15-Year Malampaya Gas Contract Renewal
Philippine President Ferdinand Marcos Jr. on Monday signed an agreement extending the production contract for the country's Malampaya natural gas block by 15 years and allowing the operator to drill new wells as it seeks to boost output.
Sources: GAIL Plans $4.9 Billion Ethane Cracker in West India
GAIL (India) Ltd., the country's top gas supplier, plans to build a 400-billion rupee ($4.89 billion) ethane cracker near its LNG import plant in Western India, two sources with direct knowledge of the matter said, as it seeks to meet an expected surge in demand.
PetroVietnam Gas Gets Country's First LNG Import-Export Approval
PetroVietnam Gas said on Monday it had received a certificate from local authorities to become the country's first company eligible to import and export LNG.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- U.S. House Passes Bill to Reverse Biden's LNG Pause
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Williams Delays Louisiana Pipeline Project Amid Dispute with Competitor Energy Transfer
- Evacuation Technologies to Reduce Methane Releases During Pigging
- U.S. Regulators Approve Mexico Pacific LNG's Saguaro Connector Pipeline
- Editor’s Notebook: Nord Stream’s $20 Billion Question
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- Russian LNG Unfazed By U.S. Sanctions
