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
The latest LNG news, analysis and data from India and across Asia, reported by Energy Asia.
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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.
“She’s free”: Traffic in Suez Canal resumes
Shipping traffic through Egypt's Suez Canal resumed on Monday after a giant container ship which had been blocking the busy waterway for almost a week was…
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
Oil & gas sector are catalysing socio-economic change
Union Minister of Petroleum and Natural Gas Dharmendra Pradhan said that Energy is the catalyst of socio-economic change.
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…
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…
India’s gas production has risen above pre-COVID level
India's natural gas production has risen above the pre-COVID level following the start of output from a KG-D6 field operated by Reliance Industries Ltd and its…
No new policy to support gas-based power plants
The government has decided not to bring any new policy or provide support to gas-based power plants at the moment because states are reluctant to offer…
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.
India plans to build natural gas strategic reserve
India may build strategic reserve of natural gas to further strengthen the country's energy security and shield itself from supply disruptions and frequent price fluctuations
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…
Clear roadmap of Aatma Nirbhar Urja is being developed
Minister of Petroleum & Natural Gas and Steel Dharmendra Pradhan said that on the energy front, we are developing a clear roadmap of Aatma Nirbhar Urja…
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.
$66 billion investment for gas infrastructure in India
India will see a massive $66 billion investment in the building of gas infrastructure as the government pushes for greater use of the cleaner fuel with…
MNGL’s 100th CNG station inaugurated by Minister Pradhan
Union Minister of Petroleum and Natural Gas, Dharmendra Pradhan inaugurated & dedicated to the Nation MNGL’s 5 stations through Video Conference, which takes the company’s CNG…
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…
Foundation stone laid for the first 50 LNG fuelling stations
Dharmendra Pradhan, Minister of Petroleum & Natural Gas laid the foundation stone for the first 50 LNG fuelling stations, across the golden quadrilateral and major National…
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…
Dharmendra Pradhan asks OPEC to correct price anomalies
India pressed for assessing the impact of COVID-induced disruptions to global energy sector supply chains and said oil cartel OPEC needs to address anomalies in the…