Australia’s liquefied natural gas (LNG) sector is facing dual headwinds from possible coal seam gas (CSG) underproduction and pushback over environmental concerns, according to research by Rystad Energy.
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Denmark’s Energy Agency (DEA) has approved the Gazprom-led Nord Stream 2 consortium to lay its natural gas pipeline on the Danish continental shelf southeast of Bornholm in the Baltic Sea, the last remaining hurdle for the controversial project to reach completion.
Malaysia’s state-owned Petroliam Nasional Berhad, aka Petronas, is seeking to become Southeast Asia’s premiere liquefied natural gas (LNG) bunkering hub, with subsidiary Petronas LNG Sdn Bhd signing a time charter party with MISC Bhd and UK-based Avenir LNG Ltd to charter a 7,500 cubic meter bunker vessel.
India’s push to develop natural gas infrastructure is transforming the country into a force in Asia, home to around two-thirds of global demand.
Saudi Arabian Oil Co., aka Saudi Aramco, and Riyadh-based ACWA Power signed a memorandum of understanding last week with the Bangladesh Power Development Board to build a 3,600 MW liquefied natural gas (LNG)-fueled power plant and terminal in the south Asian country.
The Indonesian government has granted Japanese oil major Inpex Corp. and Royal Dutch Shell plc an extension to develop the massive offshore Abadi natural gas field.
Adelaide-based independent gas producer Santos Ltd. is on track to become Australia’s largest energy producer following its Monday announcement that it inked a $1.39 billion deal to buy ConocoPhillips’ northern Australia assets.