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Welcome to the latest edition of NewsBase’s Roundup Global (NRG), in which our team of international editors provide you with a snapshot of some of the key issues affecting their regional beats.
Pakistan’s Sui Southern Gas Company Ltd (SSGCL) has encountered stiff opposition from local industry over its request that the government hike wholesale natural gas prices by 10.6% for financial year 2021-2022.
China’s top economic planner, the National Development and Reform Commission (NDRC), has said the country natural gas supplies will be enough to meet demand during the peak winter heating season.
India’s history of oil and gas sector disputes between the government and private players has dampened foreign investor enthusiasm for the sector.
China National Offshore Oil Corp. (CNOOC) intends to add 1.62mn cubic metres of liquefied natural gas (LNG) storage capacity at its Binhai terminal in Jiangsu Province.
China’s state-run Sinopec Corp. has revealed that it expects natural gas production growth to slow significantly this year, despite the country’s rising demand for the fuel.
The Malaysian state of Sarawak has said it wants current talks with the federal government to lead to it assuming full control over the state’s oil and gas industry.
Asia-Pacific focused independent Jadestone Energy revealed this week that both it and French major Total have walked away from their deepwater block in the Philippines.
US-based Tellurian is reportedly in talks with unidentified Asian buyers to sell almost half of its output from its proposed Driftwood LNG terminal on the Gulf Coast.
The Papua LNG project received a major boost last week after the Papua New Guinea (PNG) government passed six pieces of legislation that will allow operator Total to proceed with the $20bn development.
That Australia’s oil and gas sector has been rocked by the COVID-19 pandemic was never in question, with companies large and small posting some painful results over the course of this year.
Australia’s FAR Ltd has agreed to sell its minority stake in RSSD, the joint venture set up to develop the Sangomar block offshore Senegal, to India’s ONGC Videsh Ltd (OVL).
China’s Foran Energy Group has agreed to buy 26 cargoes from US LNG exporter Cheniere Energy in a move that signals improving trade relations between the two countries.
Deteriorating bilateral relations between China and Australia have forced Woodside Petroleum to shelve plans temporarily to sell a stake in a liquefied natural gas (LNG) project and associated gas field to Chinese investors.
The Indonesian government is pursuing foreign investment in the country’s upstream by touting a new exploration bid round slated for 2021.
The Australian upstream is struggling to find support on either side of the parliamentary divide for its vision of the country’s natural gas future.
With activity in the Northern Territory’s shale gas fields picking up in the wake of the COVID-19 pandemic, industry excitement over the region’s potential is also building.
The Intercontinental Exchange (ICE) has signed a memorandum of understanding with Chevron, Occidental Petroleum and Trafigura on using the upcoming Murban futures contract to price US crude oil being sent to Asia.