Asia LNG news
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.
IEEFA: The US pause on LNG export permits does not threaten energy security in Europe and Asia
The IEEFA argues that the claims the US pause on LNG export permits ignore basic trends in global gas markets, and does not threaten European and Asian energy security.
QatarEnergy and Petronet sign 20-year LNG SPA
QatarEnergy has entered into a 20-year LNG sale and purchase agreement with Petronet LNG Ltd for the supply of 7.5 million tpy of LNG destined to the Republic of India.