Asia LNG news

China is set to register the highest LNG regasification capacity additions in Asia between 2022 –2026, accounting for a share of roughly 34% of the region’s total capacity additions by 2026.

NYK has announced that the joint-venture companies that NYK is a part of have signed a long-term time-charter contract with QatarEnergy for five LNG carriers.

India is set to register the second highest LNG regasification capacity additions in Asia between 2022 and 2026, accounting for approximately 21% of the region’s total capacity additions by 2026.

Woodside Energy and the Japan Bank for International Cooperation have signed a memorandum of understanding aimed at securing a stable supply of energy for Japan and to assist in achieving its decarbonisation goals.

Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group has named Cong Thanh Nguyen as Business Development Manager for its Cryogenic Equipment & Solutions market serving Vietnam.

Greenhouse gas emissions for the cargo, from the Gorgon Project off the northwest coast of Western Australia, will be fully offset via the retirement of high-quality nature-based and energy efficiency offsets in Cambodia, Indonesia, and Nepal.

GTT has announced that it has received an order from its partner the Chinese shipyard Hudong-Zhonghua Shipbuilding (Group) Co. Ltd for the tank design of four new LNG carriers.

As the global energy crisis deepens and countries scramble to secure reliable energy sources, investments in new LNG infrastructure are set to surge, reaching US$42 billion annually in 2024.

The MoU is related to the development of the private regasified LNG sector in Pakistan, which is designed to enhance Pakistan’s energy security.

Under the SPA, ExxonMobil LNG Asia Pacific will purchase 1.0 million tpy of LNG, which will be supplied from the first two trains of NextDecade’s Rio Grande LNG export project.