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Denmark Green Lights Russia’s Nord Stream 2 Gas Pipeline

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.

November 1, 2019

Petronas Seeking Asia LNG Bunkering Hub Status

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.

October 30, 2019

Work Begins on Vietnam’s First LNG Facility

PV Gas, a subsidiary of state-run PetroVietnam, on Monday started construction on the 1 million metric ton/year Thi Vai liquefied natural gas (LNG) facility in Ba Ria-Vung Tau province in southern Vietnam.

October 29, 2019

Global LNG Industry Working to Decarbonize

The ongoing transition to a low carbon energy economy is having an impact on the global natural gas sector as operators work on ways to compete with the rise in renewable energy.

October 28, 2019

India’s LNG Development Marks Ongoing Shift in Asian Market

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.

October 24, 2019
Increasing Bangladeshi Demand Could Soak Up Some LNG Glut

Increasing Bangladeshi Demand Could Soak Up Some LNG Glut

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.

October 22, 2019
Inpex, Shell Granted Extension to Develop Indonesia’s Abadi Offshore Natural Gas Field

Inpex, Shell Granted Extension to Develop Indonesia’s Abadi Offshore Natural Gas Field

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.

October 18, 2019
Santos to Buy ConocoPhillips’ Australia Assets, Set to Become Country’s Top Producer

Santos to Buy ConocoPhillips’ Australia Assets, Set to Become Country’s Top Producer

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.

October 16, 2019
Thailand Pursues LNG Trading Hub Ambitions

Thailand Pursues LNG Trading Hub Ambitions

Thailand Energy Minister Sontirat Sontijirawong ordered state-owned oil and gas major PTT last week to accelerate its gas business so that the country can become a liquefied natural gas (LNG) trading hub in Southeast Asia.

October 15, 2019
LNG Carrier Market Struggles to Keep Up with Liquefaction Capacity Buildout

LNG Carrier Market Struggles to Keep Up with Liquefaction Capacity Buildout

Samsung Heavy Industries (SHI), one of the world’s largest shipbuilders, said Thursday it has secured orders worth $405 million for two 174,000 cubic meter (m3) liquefied natural gas (LNG) carriers from Malaysian-based shipping firm MISC Berhad.

October 10, 2019
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