In this issue

 

China’s state-owned oil and gas company CNOOC is considering rekindling direct commercial ties with American energy companies, as signs of a trade thaw emerge between the world’s largest LNG producer…
China’s Hudong-Zhonghua Shipbuilding Group is expanding its production facilities at Changxing Island in Shanghai to address its growing backlog of LNG carriers and other large vessels. The shipyard’s LNGC orderbook…
Security costs, rather than freight fundamentals, are increasingly determining LNG shipping economics. Owners face between 6 and 10 million dollars for every single shipment simply to secure additional insurance cover,…
India’s Hindustan Petroleum Corp keeps calling on LNG suppliers, producers and traders to register interest in supplying 1 mtpa over a period of 10-15 years. Analysts treat the notice as an…
India’s largest LNG importer, state-owned Petronet LNG, is awaiting clarity from QatarEnergy on deliveries of September LNG cargoes, as traffic through the Strait of Hormuz remains disrupted, Managing Director and…
Friday, 04 September 2026
India’s Oil and Natural Gas Corp (ONGC) and Shell Energy India agreed to explore joint opportunities in deepwater oil and gas exploration, plus LNG sourcing.
China’s push to build out its coal-to-gas (CTG) industry will curb reliance on imported LNG. Targeted to reach 28 Bcm/year of synthetic gas production by 2030, Beijing’s CTG program equates to…
CNOOC's Binhai regasification terminal in Jiangsu has resumed commercial LNG reloads and received its 100th LNG carrier, underscoring its role in the Chinese gas trading market.
Global gas demand is on course for a 4 percent fall, with damage to gas processing facilities curbing fertiliserproduction in the Middle East and high LNG prices accelerating gas-to-coal switching…
Friday, 04 September 2026
Japan's top power generator, JERA has claimed to have secured adequate LNG inventories through October, and saw no risk to stable power supply even if a late summer heatwave boosts…
South Korean private equity firm Hahn & Company is pressing ahead with restructuring of its two shipping companies, SK Shipping and H-Line Shipping. The aim is to create a standalone…
Nuclear reactor restarts and increased coal-fired generation through the spring displaced LNG in the South Korean power mix as Qatari supply fell away, allowing utilities to defer procurement rather than…
Soaring LNG prices have propelled up Pakistan power generation cost by nearly 40 percent year-on-year, analysis by local brokerage Arif Habib Ltd shows. The latest cargo, delivered in late July, was…
Bangladesh is turning to the US for a long-term LNG supply deal, as it seeks to shore up energy supplies amid disruptions in global gas markets caused by the US/Israeli…

News Nudges

PetroChina may sell LNG Canada stake

PetroChina is considering divesting part of its 15 percent share in LNG Canada Development Inc. in Kitimat, British Columbia, to help finance a planned Phase 2 expansion of the liquefaction project, people familiar with the matter told Bloomberg. The Chinese state-owned producer, which is working with an adviser to gauge buyer interest, may reduce its holding gradually through several smaller transactions.