Chinese LNG imports dropped by 28 percent last month but were partially offset by higher pipeline volumes
Chinese liquefied natural gas imports last month dropped by more than 28 percent and the fall was partially offset by a 26 percent year-on-year increase in pipeline gas imports from nations such as Turkmenistan and Russia.
Thai energy and LNG company PTTEP begins carbon-capture and storage project at offshore gas field
Thailand’s Public Company Exploration and Production (PTTEP), the Asian nation’s national energy provider with increasing natural gas and LNG stakes, said it was gearing up to develop a carbon-capture and storage (CCS) project in a gas field offshore Thailand.
French major TotalEnergies confirms Myanmar natural gas withdrawal including employee transfer program
French major TotalEnergies confirmed its withdrawal strategy from the Yadana natural gas field in the Asian state Myanmar after Thailand’s state energy company PTTEP said it was taking over the operatorship of the gas field.
Gas ‘grand geste’
Jan 21 (LNGJ - French major TotalEnergies has decided to initiate the contractual process of withdrawing from the Yadana natural gas field in Myanmar, also known as Burma, both as operator and as shareholder, without any financial compensation for TotalEnergies.
“Following the coup of 1st February 2021 in Myanmar, TotalEnergies has firmly condemned on several occasions the abuses and human rights violations taking place there. Since then, our company's decisions have been guided by clear principles,” said TotalEnergies.
Myanmar set to become LNG importer on the quiet and uses one vessel that needed special clearance
The southeast Asian nation of Myanmar has entered the LNG business with the delivery of two LNG cargoes from Malaysian state energy company Petronas, destined for the port of Yangon for a Chinese-owned power joint venture.
PetroChina records drop in net income and aims to make gas and LNG unit more profitable
PetroChina, the Hong Kong-listed affiliate of state-owned China National Petroleum Corp., recorded a 6 percent increase in annual revenues to 2,520 billion Chinese yuan ($350.8Bln) but net profits fell 14 percent and it disclosed plans to renegotiate some natural gas supply contracts to improve profitability.
Woodside advances with boosted seven-Train LNG hub at Burrup and Myanmar gas project
Australian LNG producer Woodside is advancing with its boosted seven-Train integrated LNG and gas hub in Western Australia and with overseas projects, including its offshore Myanmar gas venture to supply Rangoon and Thailand.
Doris Engineering of France wins contract for Phase Three of Myanmar natural gas project
Doris Engineering, the French energy contracts company, and Hyundai Heavy Industries of South Korea have been awarded the front-end engineering and design contract for the phase-three development of a key natural gas project offshore Myanmar in the Bay of Bengal.
