Asia LNG news
MOL receives LNG-fuelled car carrier
Mitsui O.S.K. Lines, Ltd has announced that the LNG-fuelled car carrier, CERULEAN ACE, was delivered at the Onishi Shipyard of Shin Kurushima Dockyard Co., Ltd.
IEEFA: Japan’s declining gas demand will leave utilities with persistent LNG oversupply through 2030
As a result of Japan’s declining demand for LNG, its gas and power utilities face a surplus of LNG purchase commitments and are increasingly focused on marketing and selling the fuel abroad, according to a new report from the IEEFA.
AG&P acquires stake in Vietnamese LNG terminal
Nebula Energy’s subsidiary, AG&P, has acquired a 49% stake in the Cai Mep LNG Terminal in southern Vietnam.
PV GAS to launch LNG business by truck
PV GAS has announced the launch of an LNG business by tank truck from 15 March 2024, following the integrated LPG/CNG/LNG business model.
Fugro secures contract for INPEX’s Abadi LNG and CCS project
INPEX Masela Ltd has awarded Fugro a marine survey contract for the Abadi LNG project in Indonesia.
MOL and TLT signs long-term charter deal for newbuilding LNG carrier
Mitsui O.S.K. Lines, Ltd has announced the signing of a long-term charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker Co., Ltd.
MGen, AP, and SMGP launch the Philippines' first integrated LNG facility
Meralco PowerGen Corp., Aboitiz Power Corp., and San Miguel Global Power Holdings Corp. are launching the Philippine’s first and most expansive integrated LNG facility in Batangas.
Global LNG demand to grow beyond 2040, driven by industrial demand in China and economic development in South Asia and South-east Asia
Global demand for LNG is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth, according to Shell’s LNG Outlook 2024.
JERA collaborates with PT PLN Energi Primer Indonesia on LNG value chain development
JERA Co., Inc. has announced the signing of a memorandum of understanding to collaborate on LNG value chain mainly with PT PLN Energi Primer Indonesia, a subsidiary of PT PLN (Persero).
NYK takes delivery of Japan’s first LNG-fuelled capesize bulk carrier
A naming ceremony has been held for an LNG-fuelled capesize bulk carrier that was ordered by NYK and will be deployed to transport iron ore and coal under a long-term consecutive voyage charter contract with JFE Steel Corp.