Asia LNG news
Wood Mackenzie: The Strait of Hormuz closure pressures LNG spot prices, threatens Northeast Asia demand
Northeast Asia’s LNG market faces a major supply shock following the closure of the Strait of Hormuz, with regional demand expected to fall by 4 – 5 million t through 3Q26 if supply disruptions last for two months, according to new analysis from Wood Mackenzie.
Osaka Gas holds naming ceremony for first LNG bunkering vessel
As a prelude to the launch of its ship-to-ship LNG bunkering business in April 2026, Osaka Gas has held a naming ceremony for its first-ever LNG bunkering vessel at Shitanoe Shipbuilding Co., Ltd.
INPEX JAPAN commences LNG supply business using LNG tank trucks
INPEX JAPAN, LTD has commenced the supply of LNG to Rengo Co., Ltd’s Kanazu Plant in Awara City, Fukui Prefecture, using LNG tank trucks.
CLPe and CNOOC achieve VLCC LNG bunkering operation in Hong Kong waters
CLPe and CNOOC has completed Hong Kong’s first LNG ship-to-ship bunker operation for a very large crude carrier, Maran Dione.
JAPEX withdraws from Vietnam LNG terminal project
Japan Petroleum Exploration Co., Ltd has decided to withdraw from a project to construct an LNG terminal in the northern part of the Socialist Republic of Vietnam.
Yang Ming container vessel completes first LNG bunkering
Through close collaboration with the Maritime and Port Authority of Singapore and Shell Eastern Trading (Pte) Ltd, Yang Ming’s lead container vessel, YM Willpower, bunkered around 3500 t of LNG in Singapore
Cheniere and CPC sign long-term LNG SPA
Cheniere Energy, Inc. has entered into a long-term LNG sale and purchase agreement with CPC Corp., Taiwan.
Japan’s LNG resales set new records despite looming oversupply in global markets
Japan’s resales of LNG to foreign markets continued to reach new highs in fiscal year 2024, up nearly 15% compared to the previous year.
INPEX granted environmental approval for Abadi LNG project
INPEX CORP. has received environmental approval for the Abadi LNG project from the government of Indonesia.
SK Innovation to lead US$2.3 billion LNG mega project in Vietnam
SK Innovation has been selected to lead a landmark LNG power project in Nghe An Province, Vietnam.