Asia LNG news

Gavin Thompson, Asia Pacific Vice Chair, Wood Mackenzie, comments on the future of LNG supply in APAC, stating that projects must move fast to take advantage of strong LNG prices and contracting fever.

Energy Capital Vietnam, B.Grimm Power, and Siemens Energy have partnered to develop an LNG-to-power project in Mui Ke Ga, Binh Thuan Province, in Southern Vietnam.

ConocoPhillips and provides notice that it is exercising its preemption right to purchase an additional shareholding interest in APLNG.

Rystad Energy’s Senior Gas Markets Analyst, Kaushal Ramesh, discusses gas market price levels, global demand, as well as the uncertainty caused by the new Omicron variant.

JGC Corporation-Samsung Heavy Industries consortium and Saipem S.p.A have been awarded Front End Engineering Design contracts as part of a design competition for an LNG project in Malaysia.

The companies have signed a binding 20-year LNG sale and purchase agreement, where Foran has agreed to purchase LNG from Cheniere Marketing.

The company states that China is likely to witness total LNG regasification capacity additions of 5956 billion ft3 by 2025.

According to the company, China is expected to contribute 36% of total LNG regasification capacity additions in Asia between 2021 and 2025.

An LNG bunkering operation for GEFO’s new-build product tanker was carried out in the anchorage area of Pengerang, Malaysia.

This is the first time SHI has been awarded classification society approval for a systems engineering approach for developing artificial intelligence-enabled technology.