Japanese LNG importer JERA sells part of stake in US Freeport plant for $380M to another player in Japan
JERA Co. Inc., Japan’s biggest liquefied natural gas importer and utility company, has approved a deal to sell part of its stake in the Freeport LNG export plant in Texas to another Japanese company.
Shell confirms sale for $650M to Malaysia and Indonesia of gas block stake underpinning large Asian LNG project
Malaysian energy company Petronas and Indonesian state-owned oil and gas company Pertamina have agreed with Shell to jointly acquire the UK company’s minority Masela natural gas block in Indonesian waters that will underpin the Abadi LNG export project in Indonesia and boost future cargo availability in the Pacific Basin.
Indonesia approves $3Bln plan for Tuna natural gas field near Vietnam's maritime border amid claims by China
Indonesia, a leading Asian LNG producer, has approved a plan of development for the Tuna offshore natural gas field with total estimated investment at over US$3.0 billion and in the face of continued Chinese claims to sovereignty over most of the South China Sea where the field is located.
US bankers call out leading Asian energy and LNG companies for not meeting new Western standards
The leading Asian LNG exporting nations, Malaysia and Indonesia, are set to see their state-backed energy companies Petronas and Pertamina, removed from US investment bank JPMorgan’s self-appointed policing of what are called Environmental, Social and Governance (ESG) issues.
