Asia/Pacific

Japan's Inpex Targets FID for Indonesia's Abadi LNG Project in 2027

The project, facing delays and a recent ownership change, aims for production in the early 2030s, contributing to Inpex's growth in LNG output and its investment in cleaner energy solutions.

India's Gas Demand Set to Surge by 2030, Doubling LNG Imports, Says IEA

India's natural gas consumption is projected to increase by 60% by 2030, doubling the country's LNG imports. Driven by urbanization and industrialization, this surge in demand will require strategic planning and expansion of LNG infrastructure to manage future supply challenges.

India’s GSPC Strikes 10-Year LNG Deal with TotalEnergies

TotalEnergies has signed a 10-year deal to supply India’s Gujarat State Petroleum Corporation with 400,000 metric tons of LNG annually, starting next year. The agreement aligns with India's growing demand for natural gas as the country pushes to expand its energy mix.

India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift

India’s GAIL is reviving plans to secure U.S. LNG supply or acquire a stake in an LNG plant after the Trump administration ended a ban on new export permits. The move could help boost India’s gas consumption and long-term supply security.

Sapphire, Tulip Compression to Deploy Clean Energy Tech in India’s Gas Sector

The collaboration will bring Sapphire’s FreeSpin In-line Turboexpander (FIT) technology to pressure regulation stations across the country, aiming to improve energy efficiency and reduce emissions.

ADNOC Secures 5-Year LNG Supply Deal with India’s BPCL

ADNOC will supply 2.5 million tons of LNG to Bharat Petroleum Corp. over five years, with deliveries starting in April. The deal will be formalized during India Energy Week, alongside a separate 15-year LNG agreement with Indian Oil Corp.

Taiwan Eyes Alaskan LNG Imports Amid U.S. Tariff Concerns

Taiwan is considering importing natural gas from Alaska to help reduce its trade surplus with the U.S. and avoid potential tariffs. State-run CPC is assessing feasibility, as Taiwan looks to diversify energy imports beyond Australia and Qatar.

Sarawak Gas Deal to Have Limited Impact on Petronas Earnings, Analyst Says

Petronas' earnings are expected to take only a minor hit—up to 11%—from its gas distribution deal with Sarawak, analysts say, though the agreement could set a precedent for other states to seek greater control.

Pakistan May Renegotiate LNG Deal with Qatar in 2025

Pakistan’s LNG agreement with Qatar includes a clause allowing renegotiation in 2025, but no decision has been made, according to the country’s petroleum minister.

Alberta Eyes Japan for LNG Deals Amid U.S. Tariff Threat, Minister Says

Canada's Alberta province, a major gas producer, needs to find new export markets in face of a U.S. tariff threat, and expanding in Japan is an important target, its minister of environment and protected areas, Rebecca Schulz, told Reuters.

Oil Falls as U.S. Crude Inventories Swell, Traders Worry About China-U.S. Trade Tensions

Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, while worries about a new China-U.S. trade war fueled fears of softer economic growth.

Alaska Senator Pressures Asian Allies to Support Gas Pipeline Over China

Senator Dan Sullivan on Wednesday urged Japan and other U.S. allies in Asia to get behind a multibillion-dollar gas project in his home state of Alaska, warning that if they were not interested in buying the gas, strategic rival China would be.

China Hits Back at Trump with Tariffs on U.S. Crude Oil and LNG Imports

The trade in crude oil and liquefied natural gas between the United States and China is effectively dead after Beijing responded to President Donald Trump's tariffs with measures of its own.

ADNOC Gas Secures $450 Million LNG Supply Deal with JERA

ADNOC Gas has signed a $450 million three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets, reinforcing its long-standing energy partnership with Japan.

India Allocates $647 Million for Strategic Oil Reserve Purchases

India will provide 55.97 billion rupees ($646.78 million) support for purchase of oil for the country's strategic petroleum reserves (SPRs), the budget document showed on Saturday.

Construction Report: Trump Policies, Thirst for LNG Could Bolster Expansion

While the global thirst for LNG continues to drive pipeline construction globally, the real questions for the new year concern a second Donald Trump presidency in the United States. Early analysis from those in the industry suggest the change of administration will be good for midstream.

Japan Considers Backing 800-Mile Alaska LNG Pipeline to Strengthen U.S. Ties

Japan has doubts about the viability of the proposed 800-mile pipeline because of the overall costs of the gas relative to other sources. But it is prepared to offer to explore a deal if asked, the officials said.

Japan's Energy Security to Benefit from Increased U.S. LNG, JERA Says

Japan's energy security will benefit from U.S. President Donald Trump's push to increase LNG production, an executive at JERA, Japan's top LNG buyer, said on Friday, while allowing the company to diversify its suppliers.

Petronas to Decommission 310-Mile Sabah-Sarawak Gas Pipeline

Malaysia's Petronas will decommission the Sabah-Sarawak gas pipeline, the state energy firm said on Tuesday in its activity outlook report.

U.S. LNG Production Growth Expected to Aid India, Says Petronet LNG CEO

An increase in LNG production in the United States after President Donald Trump ended a moratorium on new export permits should benefit consuming nations like India, the chief executive of the country's top gas importer said on Monday.

Louisiana’s Argent LNG Inks Deal to Supply 5 Million Tons of LNG Annually to Bangladesh

Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a deal with the government of Bangladesh to purchase up to 5 million metric tons of LNG annually.

JERA Plans U.S. LNG Expansion to Balance Japan's Energy Portfolio

Japan's top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centers and AI, a senior executive told Reuters.

Argentina's YPF Signs LNG Export Deal with Indian Firms

Argentina's state-run oil company YPF signed a memorandum of understanding with three Indian firms to potentially export up to 10 million metric tons of LNG per year, the company said on Tuesday.

Tokyo Gas Eyes Asset Sales for Growth Investments, President Says

Tokyo Gas has been identifying assets, including from its vast real estate portfolio, to be sold to fund growth investments, its president said, though no decisions have been made yet on what to sell.

Tougher U.S. Sanctions to Limit Russian Oil to China, India, Boost Middle East Demand

Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said.

Philippines Encourages LNG Importers to Aggregate Purchases to Lower Prices

The Philippines is encouraging importers of liquefied natural gas (LNG) to voluntarily aggregate purchases of the super-chilled fuel in efforts to lower prices and improve market efficiencies, government officials said on Wednesday.

Asia’s Crude Imports Fall in 2024 Amid Weak China Demand

Asia's crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China and other major buyers, with only India managing sparse growth.

Inpex Restores Typhoon-Damaged Gas Pipelines in Japan

Inpex Corp. has completed restoration work on its natural gas trunk pipeline network in Japan, addressing damage caused by Typhoon Hagibis in October 2019.

PacificLight Power Gets Nod for Hydrogen-Ready Gas Power Plant in Singapore

PacificLight Power (PLP) said on Friday it has received approval from the Singapore government to build a new hydrogen-fueled gas power plant on Jurong Island.

Oil Prices Rise as Markets Eye China's Growth Outlook and Geopolitical Risks

Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed a recovery in China's economy and fuel demand following a pledge by President Xi Jinping to promote growth.