Liquefied natural gas

Malaysia’s Petronas set to sign LNG supply deal with QatarEnergy: sources

Petroliam Nasional is up against dwindling domestic gas reserves while local demand for the fuel rises

Canada Prime Minister Mark Carney (left) with China President Xi Jinping in Beijing. On the first day of Carney’s trip to China on Jan 13, Canada agreed to deepen cooperation with the Asian country on both clean and conventional sources of energy.

Canada’s energy sector is its gateway to Asia

With economies like South Korea, Japan and Singapore importing almost all their oil and gas, Asia presents a huge opportunity for Ottawa

LNG prices should be cut by nearly half to around US$7 per million British thermal units by 2027, says Morgan Stanley.
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A ‘glut’ of new LNG supply from the US and Qatar is set to hit Asian markets

In 2023, Philippines' President Ferdinand Marcos Jr signed an agreement extending the production contract for the Malampaya natural gas block by 15 years and allowing the operator to drill new wells as it seeks to boost output.

Philippines makes first natural gas discovery in more than a decade

[MANILA] Philippine President Ferdinand Marcos Jr said on Monday gas and condensate had been found at a well close to the existing Malampaya gas field off the island of Palawan, the country’s first na...

Mitsubishi is a major global liquefied natural gas player across the value chain, from upstream production to trading, marketing and logistics.

Mitsubishi to buy Texas, Louisiana shale gas assets for US$7.5 billion

This will give it a substantial natural gas operation near the US Gulf Coast and the energy export facilities developed there

Japan’s trading houses have been looking to boost their LNG businesses on expectations demand will last for longer than anticipated as the fossil fuel acts as a bridge in the transition to intermittent renewables.

Sumitomo’s energy arm may set up LNG trading desk in Singapore

[TOKYO] The energy trading arm of Sumitomo Corp is considering setting up an LNG desk in Singapore, the latest move by the Japanese company to strengthen its foothold in the seaborne market for the fu...

Announced in October 2024, the project marks the first deployment of a floating storage and regasification unit in Singapore.

Mitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC

Agreement is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation

Japan has continued imports under a US sanctions exemption that expires on Dec 19.

Tokyo Gas to steer more than half of overseas investments to US in next three years, CEO says

The Japanese utility has a long-term contract to procure 1.1 million tonnes of LNG annually from Russia’s Sakhalin-2 project

Buyers of US LNG have contemplated delaying cargo loading, while some owners of oil tankers are seeking to maximise earnings.

Ship rates spiking 467% marks upended trade across commodities

Freight costs typically dip at year-end due to seasonal weakness in demand

A wave of new global LNG supply will probably reduce spot prices next year and potentially spur some additional Chinese buying, but the demand picture remains shaky.

Chinese LNG demand looks set to disappoint for yet another year

Imports will fall about 5% to 73 million tonnes this year