Asia News

Latest news and developments from Asia region

• India’s APGDC plans to sell 24 per cent interest in FSRU LNG project in Andhra Pradesh

  May 16, 2013
  India-based Andhra Pradesh Gas Distribution Corporation Limited (APGDC) intends to sell 24 per cent interest in the state-government- promoted regasified liquefied natural gas (LNG) project, which is being set up in the eastern Indian state of Andhra Pradesh, to private investors with a cap of 7–8 per cent each.

• GAIL India to partner with states in building LNG storage infrastructure

  May 16, 2013
  India’s largest state-owned gas utility, GAIL (India) Limited, is collaborating with four Indian states—Andhra Pradesh, Karnataka, Rajasthan, and Kerala—to build liquefied natural gas (LNG) storage infrastructure in an effort to deal with the import of 8 million tonnes of LNG beginning 2017.

• India’s Petronet LNG Limited invites tender to build facilities at Gangavaram LNG terminal

  May 14, 2013
  India’s largest liquefied natural gas (LNG) importer Petronet LNG Limited (PLL) has invited tenders for the construction of facilities at the Gangavaram LNG terminal in Andhra Pradesh, on India’s east coast. The company has invited bids for the construction of gas storage facilities, a regasification plant, and marine facilities at the proposed Gangavaram LNG terminal.

• APGDC and Kakinada Seaport sign pact to establish floating gas terminal

  May 14, 2013
  In a bid to set up a floating storage and regasification unit (FSRU)-based liquefied natural gas (LNG) import terminal at Kakinada in Andhra Pradesh, in eastern India, a memorandum has been signed between Kakinada Seaports Limited and Andhra Pradesh Gas Distribution Corporation Limited (APGDC).

• Modernisation of gas distribution network remains a possibility: SOCAR

  May 14, 2013
  According to the State Oil Company of Azerbaijan (SOCAR), the issue of the reconstruction and modernisation of the gas distribution system in the regions of Baku and Absheron in Azerbaijan is still relevant and remains open.

• Welding of eastern section of WEP-III natural gas pipeline started

  May 13, 2013
  According to China’s state-owned China National Petroleum Corporation (CNPC), the welding of the eastern section of the third West-to-East (WEP-III) natural gas pipeline commenced on May 9, 2013 in Taihe county Jiangxi province in central China.

• India’s Punj Lloyd bags cluster pipeline project worth INR7.3 billion from ONGC

  May 13, 2013
  India’s state-owned Oil and Natural Gas Corporation Limited (ONGC) has awarded India-based infrastructure engineering firm Punj Lloyd Limited the engineering, procurement, and construction (EPC) contract worth INR7.3 billion for the B-127 Cluster Pipeline Project in Mumbai (Maharashtra).

• Bangladesh seeks to extend MoU on LNG import with Qatar [free access]

  May 13, 2013
  According to Bangladesh’s Ministry of Power, Energy and Mineral Resources (MoPEMR), the Bangladeshi government has sought an extension of a memorandum of understanding (MoU) with Qatar by two more years to import liquefied natural gas (LNG) and to open up future options for its use.

• Shell lays keel for world’s first floating LNG project at Prelude

  May 13, 2013
  UK-based Royal Dutch Shell has laid the keel of the world’s first floating liquefied natural gas (FLNG) project, the Prelude FLNG project. When complete, Prelude is expected to be the largest offshore floating facility ever built.

• Sinopec JV starts building Zhongjiang-to-Luojiang natural gas pipeline

  May 9, 2013
  China’s largest state-owned refiner China Petroleum and Chemical Corporation (Sinopec) has reported that construction has started at the Zhongjiang-to-Luojiang natural gas pipeline project in the south-western Chinese province of Sichuan.

• Thai PTTEP delays decision on strategic partner for its floating LNG project in Australia

  May 9, 2013
  Thailand’s PTT Exploration and Production Pcl (PTTEP) has stated that it would decide on a strategic partner for a floating liquefied natural gas (FLNG) project off Australia by the end of 2013, delayed from the earlier planned date of mid-2013.

• AGC Industries awarded additional work on Gorgon Pipe Spools contract

  May 9, 2013
  Australia-based AusGroup Limited’s subsidiary AGC Industries Private Limited (AGC), which is a leading construction and fabrication company, has been awarded a contract extension for further fabrication work worth approximately AUD13.6 million on the Chevron-operated Gorgon liquefied natural gas (LNG) project.

• BG and CNOOC sign binding agreements for QCLNG stake sale and LNG supply

  May 8, 2013
  British energy major BG Group has signed binding agreements with China’s state-owned exploration giant China National Offshore Oil Corporation (CNOOC) for the sale of certain additional interests in the Queensland Curtis LNG (QCLNG) project in Australia for USD1.93 billion and for the supply of an additional 5 million tonnes per annum of liquefied natural gas (LNG).

• CNPC completes field survey for fifth West-to-East gas pipeline

  May 7, 2013
  China Petroleum Engineering Company Limited (CPEC), a subsidiary of China’s largest state-owned energy company China National Petroleum Corporation (CNPC), has finished the spot investigation of the fifth West-to-East natural gas pipeline (WEP V) project, thus paving the way for the compilation of the feasibility report.

• China enters into gas storage and FSRU agreements with France’s GDF Suez

  May 7, 2013
  France-based GDF Suez has signed several agreements with China in the field of natural gas storage and for the provision of liquefied natural gas (LNG) regasification facilities.

• Singapore’s LNG terminal begins commercial operations

  May 7, 2013
  Singapore’s liquefied natural gas (LNG) terminal officially commenced commercial operations on May 7, 2013 by receiving its first commercial cargo from British energy company BG Group.

• Shell signs port service agreement to set up floating LNG terminal on India’s east coast

  May 7, 2013
  UK-based Royal Dutch Shell and India-based Kakinada Seaports have signed a Port Services Agreement (PSA) for setting up a floating liquefied natural gas (FLNG) import terminal at Kakinada in Andhra Pradesh (on India’s east coast).

• Trunk pipeline transport law adopted in Turkmenistan [free access]

  May 7, 2013
  The parliament of Turkmenistan has approved and unanimously adopted a draft law on trunk pipeline transport that establishes a legal and organised basis for the functioning of the oil and gas trunk pipeline transport system in the country.

• Iran may export 90 MMcm of gas to India via Iran–Pakistan pipeline

  May 4, 2013
  India is looking to import 90 MMcm of gas from Iran through the Iran–Pakistan (IP) pipeline, also called the Peace pipeline.

• 15 contractors express interest in Ennore LNG terminal

  May 3, 2013
  Up to 15 contractors are stated to have expressed interest in a contract by India’s state-owned Indian Oil Corporation (IOC) for the engineering, procurement, and construction (EPC) of regasification facilities at its planned 5 million tonnes per annum Ennore liquefied natural gas (LNG) import terminal on India’s east coast.