Asia/Pacific
Shell's LNG Outlook for Asia Faces Volume-Price Dilemma
It's not really a surprise that one of the world's largest liquefied natural gas companies is bullish about the long-term view for the super-chilled fuel, but Shell's outlook also has inherent contradictions.
India to Launch World's Longest LPG Pipeline, Stretching 1,740 Miles, by June
India is set to commission the world’s longest LPG pipeline, stretching 1,740 miles, by June, a major milestone for the country’s energy infrastructure.
ADNOC, Osaka Gas Sign 15-Year LNG Supply Deal for Ruwais Project
Abu Dhabi National Oil Company said on Thursday it had signed a 15-year sales and purchase agreement to supply Japan's Osaka Gas with liquefied natural gas from its Ruwais project.
Inpex Sees Strong Buyer Demand for Indonesia’s $20 Billion Abadi LNG Project
Inpex Corp., Japan's biggest oil and gas explorer, says it has received interest to buy liquefied natural gas from its $20 billion Abadi LNG project in Indonesia that exceeds planned output, its chief executive said.
Thirst for LNG Could Bolster Expansion in Europe, Elsewhere
Europe is taking major steps to expand its gas pipeline networks to support gas flows from new LNG terminals. Germany, for instance, is planning to add 355 miles of pipeline over the next few years to accommodate new LNG imports, almost all of which will be high-capacity pipe, with diameters of 39 inches or greater.
Shell: Global LNG Demand to Jump 60% by 2040, Led by Asia
Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.
Trump's 10% Oil Tariff Could Cost Foreign Producers $10 Billion Annually, Goldman Sachs Says
Goldman Sachs said on Friday a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on U.S. refiners due to limited alternative buyers and processing capabilities.
Trump Pushes Alaska LNG to Shift Asia's Energy Dependence
When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realize a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia.
ADNOC Gas Secures 14-Year LNG Supply Deal with Indian Oil
ADNOC Gas has signed a 14-year agreement with Indian Oil to supply up to 1.2 million tonnes per annum of liquefied natural gas (LNG). The deal, valued between $7 billion and $9 billion, will begin deliveries in 2026.
Italy’s Intesa Sanpaolo Joins Banks Refusing Papua LNG Financing
Italy’s Intesa Sanpaolo and the Asian Development Bank have joined a growing list of financial institutions refusing to fund the $10 billion Papua LNG project, citing climate concerns and shifting investment priorities.
Tokyo Gas Acquires 20% Stake in Philippines LNG Terminal
Tokyo Gas Co. Ltd. has acquired a 20% stake in FGEN LNG Corporation, the owner and operator of an offshore floating LNG terminal in Batangas City, Philippines.
How LNG Will Fuel Global Energy Evolution at Scale
LNG is a key enabler of the global transition to a decarbonized energy system. It will play a pivotal role as companies move from coal and oil to cleaner energy sources.
Tohoku Electric Plans For Eventual Halt to Russian LNG Contract
Japan's Tohoku Electric Power needs to consider its procurement strategy for liquefied natural gas (LNG), assuming it will eventually halt purchases from Russia, President Kojiro Higuchi said on Friday.
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.
Global News February 2025
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
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.
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- Traverse Pipeline Approved to Move 1.75 Bcf/d of Gas Along 160-Mile South Texas–Katy Route
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- DOE Considers Cutting Over $1.2 Billion in Carbon Capture Project Funding
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Newsom Seeks to Aid Struggling Refiners Following Valero’s California Exit
