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Asian LNG News - page 21

 

Australia's North West Shelf LNG: Key Terms Agreed for Third-party Gas Processing

Aug 17, 2020

Australia's North West Shelf LNG venture has agreed key terms for processing third-party gas from the Pluto and Waitsia gas projects, operator Woodside Petroleum said on Monday.Gas from Woodside's Pluto project could start going into the North…

Shell to Charter Six Newbuild LNG Carriers

Aug 04, 2020

Oil and gas giant Shell has signed long-term charters for six newbuild liquefied natural gas (LNG) carriers.Shell has signed separate agreements for two LNG ships each with affiliates of Knutsen LNG, Korea Line Corporation, and ICBC Financial Leasing and institutional investors advised by J…

Novatek Ships First LNG Cargo to Japan via Northern Sea Route

Jul 24, 2020

Russian oil and gas company Novatek has said it has shipped the first cargo of liquefied natural gas (“LNG”) from its Yamal LNG project to Japan transported eastbound via the Northern Sea Route.The LNG cargo was delivered by the 299 meters long…

Chevron Inspecting Heat Exchangers at Gorgon After Maintenance

Jul 22, 2020

Chevron Corp is inspecting propane heat exchangers on train 2 at its Gorgon liquefied natural gas (LNG) plant in Australia, the company said on Wednesday, following maintenance that was due to be completed by July 11.The inspections are delaying the restart of the train…

India's Deepwater Gas Output Pressured by Low Spot LNG Prices

Jul 21, 2020

India’s new deepwater gas production could be under pressure from low spot LNG prices, says Wood Mackenzie.Deepwater is expected to drive India’s gas production growth, adding over 1 billion cubic foot per day (bcfd) of new supply by 2023. However…

Gazprom Neft Sells Its First Arctic Oil Cargo to China

Jul 16, 2020

Russia's Gazprom Neft has sold its first ever Arctic oil cargo to China to ChemChina, two sources familiar with the deal told Reuters on Thursday.This week, Gazprom Neft said it had sent 144,000 tonnes of light Novy Port oil grade to the Chinese…

Woodside's Revenue Slumps More than Expected

Jul 15, 2020

Australia's Woodside Petroleum Ltd reported a worse-than-feared 29% drop in quarterly revenue, hit by weak spot liquefied natural gas (LNG) prices, but said it still expected to book a net profit in the first half.The hit came due to the double…

Gazprom Aims to Increase Gas Supplies to China

Jul 14, 2020

Russia's Gazprom is committed to supply as much as 130 billion cubic meters of gas (bcm) to China annually in the longer term, a company official told a conference call on Tuesday.Gazprom currently supplies gas to China via the Power of Siberia…

GTT to Design Tanks for COSCO LNG Tanker Trio

Jul 10, 2020

French GTT has received an order from the Chinese shipyard Hudong-Zhonghua Shipbuilding for the tank design for three new LNG carriers. The carriers will be delivered to the Chinese ship-owner COSCO Shipping. Each vessel will offer a capacity of 174…

Japan's JERA Books Hefty One-off Losses on 2019/20 LNG Supplies

Jul 09, 2020

Japan's JERA, the world's biggest buyer of liquefied natural gas (LNG), booked tens of billions of yen in estimated one-off losses on its supply in the year ended on March 31, due to slumping prices, its president Satoshi Onoda said on Thursday…

China: BP, ENN Sign 300,000t a Year Gas Supply Deal

Jul 09, 2020

British oil major BP has signed a gas supply agreement with China's ENN Group (ENN) for the supply of 300,000 tonnes per year of pipeline gas re-gasified from LNG for two years from January 1, 2021, in Guangdong, China. The LNG will be received…

Indonesia Produced 104.8 LNG Cargoes in Jan-June Period

Jul 08, 2020

Indonesia produced 104.8 standard cargoes of liquefied natural gas (LNG) from its Bontang and Tangguh LNG plants in between January to June. Susana Kurniasih, upstream oil and gas regulator SKK Migas' spokeswoman told Reuters.79 cargoes of LNG were exported and 25…

Essar Steel Seeking LNG Cargoes for 2021-2023

Jul 08, 2020

India's Essar Steel is seeking liquefied natural gas (LNG) cargoes for delivery over 2021 to 2023, two industry sources said on Tuesday.It is seeking 30 trillion British thermal units (TBtu) for delivery over the three years in a tender which closes on Tuesday…

VIDEO: BW LNG Takes Delivery of BW Pavilion Aranthera LNG Carrier

Jul 06, 2020

South Korea's Daewoo Shipbuilding Marine & Engineering (DSME) has delivered a new LNG Carrier - the BW Pavilion Aranthera - to its owners BW LNG. The delivery took place on Friday, July 3, 2020.The BW Pavilion Aranthera is a 173,400 cubic meters…

Japan's LNG Investments Drive Faces Risk of Souring

Jul 02, 2020

Japan's banks and public agencies have funneled nearly $25 billion into liquefied natural gas (LNG) projects since 2017 but the investments may sour as prices plummet from the COVID-19 pandemic and as climate change risks rise, a new study shows…

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