AsianOil - Asia Oil & Gas

China claims ship-to-ship bunkering record

China’s first domestically produced LNG bunkering vessel, the Hai Yang Shi You 301, has set a record as the largest ever vessel to achieve a successful ship-to-ship bunkering.

Australian methane emissions higher than reported, IEA data shows

Australian gas production and coal mines are emitting much greater amounts of methane that what has been reported by the government, according the latest data issued by the International Energy Agency (IEA) in its annual Global Methane Tracker.

ASEAN gas demand to double by 2050: GECF

The 10 Southeast Asian members of ASEAN are forecast to see a doubling in demand for natural gas by 2050, according a report delivered to a conference of the Gas Exporting Countries Forum (GECF) in Jakarta last week.

New Indian LNG terminal to start operations before summer

A long overdue LNG import terminal in India is now expected to begin operating by the summer. Tentative start dates for the plant coming properly online are currently mentioning mid-June.

Bangladesh to receive seven LNG cargoes in March

Bangladesh will import seven LNG cargoes valued at BDT40bn ($400mn), sources told The Financial Express. The increased deliveries of the super-chilled fuel come as the country has seen a rise in fuel demand from industries and power plants.

Essar unveils energy transition investment plans

India’s Essar Group has created a new division to focus on the energy transition, with projects in the UK set to play a leading role. The programme will entail a $2.4bn investment in the UK and a $1.2bn investment in India.

LONG READ: Russia abandons deceptively deep Baltic discounted prices for market prices in Asia

The discounts Russia is being forced to offer on its oil exports after twin sanctions were imposed look big, but thanks to huge changes in the market the real price Russia gets for its oil is much higher.

AsianOil: Canadian flip-flopping on LNG leaves Japan, Korea hanging

Lack of low-emission, low-cost oil and gas puts energy transition at risk: WoodMac

Taliban announce investment consortium with Russian, Iranian and Pakistani companies

Canadian flip-flopping on LNG leaves Japan, Korea hanging

Indonesia awards three oil and gas blocks

Carnarvon offloads stakes in Dorado, other Bedout basin licences

Court overturns ex-PM's decision to prevent offshore gas project

GAIL (India) seeks 26% equity in US LNG facility

Japan may import Russian Sakhalin Blend to ensure supply of Sakhalin 2 LNG

Fossil fuel consumption subsidies in 2022 were at record high of $1 trillion

According to the International Energy Agency, worldwide subsidies for fossil fuel consumption increased dramatically in 2022, surpassing $1 trillion for the first time.

BP predicts faster decline in oil and gas demand

AsianOil: Increased LNG orders in China mask rural shortages

Putin lauds Gazprom, stresses Asian prospects

Increased LNG orders in China mask rural shortages

Daewoo Shipbuilding & Marine Engineering secures LNG carrier order worth $248mn