- Gazprom PJSC has booked additional natural gas transit capacity via pipeline through Ukraine for July. The company secured another 15 million cubic meters/day of capacity. Russia has a long-term agreement to move 40 billion cubic meters through the country annually. Russia skipped auctions for additional capacity in April and May as gas supplies to Europe have been tight.
- State-owned Qatar Petroleum (QP) said ExxonMobil, Royal Dutch Shell plc and TotalEnergies SE are among the bidders for equity investments in the massive North Field East expansion. The project would boost Qatar’s LNG capacity to 110 million metric tons/year (mmty) from 77 mmty. It is planned to start production in 2025. QP CEO Saad Sherida Al-Kaabi said at the Qatar Economic Forum the company has received offers for “double the equity available” in the project.
- Japan has pledged $10 billion of public financing for renewable energy and LNG projects to help Association of Southeast Asian Nations (ASEAN) speed up their energy transitions. During a virtual meeting with regional energy officials, Japan Minister of Economy, Trade and Industry Hiroshi Kajiyama reportedly cited a need for diverse energy sources in the ASEAN region at a time when fossil fuel investment is being limited across the world.
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