Tim Daiss

Thailand’s state-owned oil and gas exploration unit has discovered an estimated 2 Tcf offshore Malaysia, adding to the bounty discovered in the nation in recent years.

Russia’s largest independent gas producer Novatek said Wednesday its final partner in the massive Arctic LNG 2 project will likely be an Asia-Pacific customer, with a deal possibly completed in days.

Hong Kong is continuing its push to become a liquified natural gas (LNG) importer, with the latest deal inked with a unit of No. 1 buyer and seller Royal Dutch Shell plc.

China’s natural gas production increased 12.9% year/year in May to 14.4 billion cubic meters (bcm), according to data by the country’s National Bureau of Statistics (NBS).

Japanese oil and gas exploration and production major Inpex Corp. has signed a heads of agreement with the Indonesian government to build the $20 billion Abadi liquified natural gas (LNG) project.

Saudi Arabia, which is taking stakes in several Lower 48 export projets, is said to be eyeing plans to become a major player in Russia’s liquefied natural gas (LNG) sector.

Australia is poised to become the world’s largest producer of liquefied natural gas (LNG) next year and will retain that position until 2024, when Qatar will reclaim the top production spot, according to independent energy research and consulting firm Rystad Energy.