AsianOil - Asia Oil & Gas
Russia is looking to fast-track its pivot to Asia in order to offset the loss of revenues that its energy divorce with the EU is bringing about. But in the best-case scenario, it would take it at least a decade to ramp up gas supplies to Asia.
State-owned Pakistan LNG has launched a tender for one cargo of LNG per month over a six-year period, or 72 cargoes in total, according to a document posted on the company’s website.
Beach Energy has finalised an agreement to supply LNG to BP, as it seeks to diversify its commodity pricing exposure and capitalise on high gas prices.