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Asian LNG News

 

Eni, Santos Eyeing Upstream, CCUS Collab

May 03, 2021

Italian oil company Eni and Australia-based Santos on Monday agreed to jointly seek cooperation opportunities in Australia and East Timor.Under the non-binding memorandum of understanding, the companies will look at potential optimizations, synergies, and sharing of infrastructure between the Barossa Project and the Evans Shoal development, including the potential expansion of Darwin LNG and options to repurpose and extend the life of Bayu-Undan field…

Total to Proceed with LNG Project in PNG

May 05, 2021

French energy group Total said it had agreed with the Papua New Guinea government to proceed with a liquefied natural gas (LNG) project in the country, which had been delayed due to the pandemic, with a final investment decision due in 2023…

LNG Tankers Diverted from India Ports as Surging COVID-19 Cases Hit Demand

May 03, 2021

Liquefied natural gas (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.Six LNG tankers diverted away from India since April 20…

Petronas Adds Three LNG Carrier Newbuilds

Apr 29, 2021

Malaysia's state oil firm Petroliam Nasional Bhd is expanding its global fleet of liquefied natural gas (LNG) carriers with three newbuild 174,000 cubic meter capacity vessels, the company said on Thursday.The company, best known as Petronas…

Indonesia's First-quarter Oil, Gas Liftings Miss Targets

Apr 26, 2021

Indonesia's first-quarter crude oil and natural gas liftings missed their targets because of technical issues at wells and postponements at a liquefied natural gas (LNG) project, data from upstream oil and gas regulator SKK Migas showed on Monday…

Petronas Exports LNG in ISO Tanks to China

Apr 26, 2021

Malaysia's Petroliam Nasional Bhd said on Monday that it has started exports of liquefied natural gas (LNG) in ISO tanks to China from its filling facility in Pengerang in the southern state of Johor.The country's export of LNG through ISO tanks…

How Asia Changed the Global LNG Market in the Space of a Year

Apr 21, 2021

The past year has undoubtedly been the most dramatic in the history of the global LNG industry. Demand buffeted by lockdowns and recession, liquefaction shut-in, pre-FID supply projects delayed and spot LNG prices crashing to all-time lows before going into orbit…

Masirah Oil: Yumna Field Output in March at 12,672 bpd

Apr 20, 2021

Masirah Oil Limited said Tuesday that gross oil production in March 2021 from its Yumna Field in offshore Block 50 Oman, amounted to 12,672 stock tank barrels per day (stb/d).On March 17, 2021, Masirah Oil Limited announced the completion of the upgrade to the Yumna Field process facilities…

Total, Siemens Energy Partner Up to Cut LNG Related Emissions

Apr 13, 2021

French energy major Total and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation…

Chevron, Hokkaido Gas Ink LNG Supply Deal

Apr 07, 2021

U.S. oil and gas major Chevron has signed a deal with Japan's Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to Japan's Hokkaido area.Under the agreement, Chevron will supply Hokkaido…

U.S. LNG Export Bonanza Reshapes Energy Map in Asia

Apr 05, 2021

U.S. exports of liquefied natural gas (LNG) to China, Japan, and South Korea, the biggest importers of the fuel, have surged to record highs in recent months as the heavily industrialized region recovers from the COVID-19 pandemic, Eikon trade data shows…

Qatar Petroleum to Take Full Control of Qatargas 1

Mar 30, 2021

Qatar Petroleum said Tuesday it wouldn't be renewing its Qatargas 1 LNG joint venture with Total, ExxonMobil, Marubeni, and Mitsui.Upon the expiry of the relevant joint venture agreements on December 31, 2021, Qatar Petroleum will become the sole owner of 100% of the Qatargas assets and facilities…

CNOOC to Fuel 50 New Gas-powered River Vessels

Mar 30, 2021

China National Offshore Oil Company, or CNOOC, said on Tuesday its gas and power unit would fuel 50 gas-powered vessels to be built by a state-run shipping group as part of the country's gasification push.The vessels, all for dry bulk shipments and scaled at 2…

Petronas Becomes First Company to Produce LNG from Two FLNG Units

Mar 25, 2021

Malaysian oil and gas company Petronas has become the first energy company to produce LNG from two floating LNG facilities, after the LNG shipment was delivered by its floating LNG facility PFLNG DUA on Wednesday, March 24.The cargo was loaded…

Petronas, CNOOC to Collaborate on Cleaner Energy Solutions, LNG Bunkering

Mar 15, 2021

Malaysian oil company Petronas and China-based oil firm CNOOC, have signed a memorandum of understanding to 'pursue mutual growth through closer collaboration.''The MoU elevates the long-standing relationship between the two parties from primarily…

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