Tag: lng
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Gas Malaysia targets investment decision on Kedah LNG terminal by second half of 2027
KUALA LUMPUR, Oct 2 : Gas Malaysia aims to make a final investment decision on plans for its first regasification terminal by the second half of next year, with the facility due to come online by the end of 2030, its chief executive said.The proposed terminal, first announced in March, is being jointly develo
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Trump unveils South Korean investment in US energy projects
Donald Trump said South Korea has agreed to invest in an LNG project in Alaska, but Seoul has said it will only proceed once certain conditions are met.
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Trump expected to announce $54 billion South Korea investment in Alaska LNG, sources say
WASHINGTON, Sept 30 : President Donald Trump is expected to announce on Wednesday plans to tap South Korea’s pledged $350 billion strategic investment package for about $54 billion to help build a liquefied natural gas facility in Alaska and fund other U.S. projects, according to two people familiar with the discuss
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Middle East energy shock puts greater ASEAN cooperation in focus
Speaking to CNA’s Roland Lim at the Gastech 2026 energy conference in Bangkok, government and industry leaders said countries will need more diverse energy supplies and stronger regional links as disruptions expose Asia’s vulnerability to supply shocks.
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Equinor plans LNG expansion in early 2030s to meet European and Asian demand
BANGKOK, Sept 16 : Equinor aims to expand its liquefied natural gas supply portfolio to between 10 million and 15 million metric tons per year (tpy) early in the next decade to meet demand from Europe and Asia, senior executives said on Thursday.The Norwegian producer is expected to announce a second deal to
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Thailand’s PTTEP says every $3 rise in LNG prices could lift Thai power prices by 5%
BANGKOK, Sept 16 : Every $3 per MMBtu increase in liquefied natural gas prices could raise Thai electricity prices by 5 per cent, Kanita Sartwattayu, the incoming chief executive of Thai energy firm PTTEP, told the Gastech conference on Wednesday.”In Thailand, if you do not lower down the cost, it will be dif
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Japan gas association welcomes government’s first emergency LNG deal with Petronas
TOKYO, Sept 16 : Japan Gas Association welcomed the government’s first deal to procure liquefied natural gas from Malaysia’s Petronas in an emergencies and hoped similar agreements would follow, Chairman Takeshi Uchida said on Wednesday. • The master sales and purchase agreement, signed last week, will enab
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Japan signs first LNG emergency supply deal with Malaysia’s Petronas
TOKYO, Sept 11 : Japan signed its first deal to procure liquefied natural gas in an emergency with Malaysia’s Petronas, Japan’s industry ministry said on Friday, adding the country would seek similar agreements with other countries.The master sales and purchase agreement would enable Petronas to deliver LNG
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JOGMEC, Petronas sign LNG supply cooperation deal
TOKYO, Sept 11 : Japan’s industry minister said on Friday that state-owned JOGMEC and Malaysia’s Petronas signed an agreement on a framework for cooperation to ensure stable LNG supply in emergencies.This framework will enable Petronas to supply LNG to JOGMEC in event of emergency, a METI official said at t
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South Korea’s SK Shipping to become Asia’s largest LNG carrier operator in H-Line asset swap
SEOUL, Aug 13 : South Korean shipping companies SK Shipping and H-Line Shipping will swap vessels and long-term contracts in a deal that will make SK Shipping Asia’s largest liquefied natural gas (LNG) carrier operator, their owner Hahn & Co. said on Thursday.• SK Shipping will receive 16 LNG vessels and re
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