LNG market set to recover with demand growing across Asia
Liquefied natural gas (LNG) prices are poised for more gains as gas-hungry China guzzles cargoes to feed a rebound in economic growth while the easing of…
Liquefied Natural Gas
The latest Liquefied Natural Gas news, analysis and data from India and across Asia, reported by Energy Asia.
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City Gas volumes impacted in 2nd COVID wave
City gas volumes have been impacted by the second wave of COVID-19 induced lockdowns, but the drop is less severe than the first wave
Total to supply LNG to ArcelorMittal’s plants in Gujarat
French energy giant Total said it has signed a deal to supply imported LNG to ArcelorMittal Nippon Steel's (AMNS) steel and power plants in Gujarat.
Asian spot LNG prices rise as China replenishes its inventory
Asian spot prices for liquefied natural gas (LNG) rose this week as China, Japan and South Korea sought supply in an early move to stock up…
Inoxcva ties up with Mitsui to expand LNG distribution
Inoxcva, which had last month launched the first indigenously developed LNG dispensers, has entered into a tie-up with the Japanese conglomerate Mitsui & Co to expand…
Reliance-BP seek buyer for 5.5 mmscmd gas from KG-D6
Reliance Industries Ltd and its partner BP Plc of UK have sought bids for sale of 5.5 million standard cubic meters per day of additional natural…
LNG Bunkering Market Size to Reach $ 5.14 Billion by 2027
The LNG Bunkering Market is segmented by Product Type Truck-to-Ship, Port-to-Ship, Ship-to-Ship, and Portable tanks, by End-User (Container Fleet, Tanker Fleet, Cargo Fleet, Ferries, Inland Vessels…
PipeChina to start operating gas pipelines & LNG terminal
PipeChina will start operating four major gas pipelines and a liquefied natural gas (LNG) terminal after acquiring the assets from Kunlun Energy.
China’s Sinopec raises 2021 capital expenditure by 23.8%
Sinopec, plans a 23.8% increase in capital spending to 167.2 billion yuan in 2021 following recovery of oil prices and energy demand as the COVID-19 epidemic…
OIL’s Mozambique project fulfils USD14.9 bn debt drawdown
ONGC Videsh Ltd and Oil India Ltd, together with their foreign partners, have met conditions precedent for the first debt drawdown from the USD 14.9 billion
Pakistan’s new gas deal with Qatar could save $3 billion
Pakistan's landmark, new deal with Qatar for Liquefied Natural Gas (LNG) at lower rates will save Islamabad a total of about $3 billion over the next…
Now LPG can be transported through Inland Waterways
A Memorandum of Understanding is signed between IWAI and MOL (Asia Oceania) Pte. Ltd for transportation of LPG (Liquified Natural Gas) through barges on National Waterways-1…
Price of LPG gas cylinder hiked by Rs 50
The price of liquefied petroleum gas domestic cylinder in Delhi has been increased by Rs 50 per unit, now a 14.2 kilograms LPG cylinder in Delhi…
Rahul Gandhi slams Centre over LPG price hike
Congress leader Rahul Gandhi took a dig at the Central government over the liquefied petroleum gas (LPG) domestic cylinder price hike in Delhi.
Petronet LNG to expand Dahej’s capacity to 22.5 MTPA
Petronet LNG, India's top liquefied natural gas (LNG) importer, plans a 29% increase in its Dahej terminal's capacity to 22.5 million tonnes per annum (mtpa) to…
Gunvor moves international court against Pakistan State Oil
A case has been filed in the international court against the Pakistan State Oil (PSO) by a Liquefied Natural Gas (LNG) supplier Gunvor.
Reliance & BP to pay for shortfall in KG-D6 production
Reliance Industries and its partner BP Plc of UK have committed to pay in cash for any natural gas volumes they are unable to deliver to…
Due to increasing gas shortage Pakistan to buy costly LNG
With an increasing gas crisis in the country, Pakistan will be buying an all-time high priced Liquefied Natural Gas (LNG) for February 2021.
Coal, power and LNG prices rise across Asia due to winter
As an early winter chill grips China, South Korea and Japan, prices for coal, Liquefied Natural Gas (LNG) and power are rising due to supply crunches…
Heating demand to drive up Asian LNG prices
Asian spot prices for Liquefied Natural Gas (LNG) rose this week to the highest since September 2018 due to high demand for heating, a supply crunch…
Qatar Petroleum Trading bought Pakistan LNG’s tender
Qatar Petroleum's newly formed trading unit participated in a buy tender by Pakistan LNG for the supply of Liquefied Natural Gas (LNG) for the first time.
New pipeline tariff to boost gas use in far off areas
India is set to cut gas pipeline tariffs for areas far from gas injection points as the nation look for a cleaner fuel led industrial development.
Sinopec looks to produce 30 bcm natural gas in 2020
China Petroleum & Chemical Corp or Sinopec plans to produce more than 30 billion cubic metres (bcm) of natural gas in 2020, marking an increase of…
Woodside shelves gas project owing to Australia, China row
Woodside Petroleum shelved talks to sell stakes in a gas field and liquefied natural gas (LNG) project to Chinese companies a few months ago because of…
30 year charter contract signed by Mitsui OSK
Mitsui OSK Lines has signed a 30 year charter contract with the operator of the Arctic liquefied natural gas (LNG) 2 project, led by Novatek, for…