According to a report by Bloomberg, Singapore is the most likely hub for trading natural gas and reducing the government interference that keeps Asia’s prices higher than anywhere else in the world, according to the International Energy Agency.
According to a report by UPI, Southeast Asian countries will drive overall Asian liquefied natural gas demand through 2025.
Reuters reports that plans to export gas from the Yamal peninsula on Russia's Arctic coast are attracting Asian gas buyers and investors who have been put off Australian developments by soaring costs, according to the Yamal project's owner.
Teaming with U.S. supermajor Chevron's subsidiary in Canada is a unique opportunity to tap into natural gas-hungry Asian markets, Apache Corp. said, according to UPI.
Reuters reports that the Damietta liquefied natural gas facility in Egypt is not operating due to a lack of feed gas as the country diverts export supplies to its domestic market, operator Union Fenosa Gas (UFG) said on Thursday.
Approximately 5.6 million tons of Western fuel oil have been provisionally booked to arrive in East Asia in January, the highest volume in 10 months, according to a Reuters survey of traders and shipping brokers reported on January 2.
Chevron Corporation announced December 24 that its indirect Canadian subsidiary, Chevron Canada Limited, will acquire a 50 percent operating interest in the Kitimat liquefied natural gas (LNG) project and proposed Pacific Trail Pipeline (PTP), and a 50 percent interest i
Reuters reports today that Malaysian state oil firm Petronas is aiming to to begin exports by 2018 from its joint $11-billion liquefied natural gas (LNG) facility in Canada. The company has teamed up with Canada's Progress Energy Resources Corp.
According to data reported by Arab News, Qatar is the world's largest LNG exporter, exporting 76 million tons of LNG in 2011 and accounting for 31 percent of the global market.
According to a Bloomberg report, Royal Dutch Shell Plc, Europe’s biggest oil producer, is planning to move its natural-gas business to Singapore from The Hague in response to growing demand for liquefied natural gas in Asia.