LNG

Energy World Corp., the Hong Kong-based and Australian-listed LNG developer, reported mixed preliminary full-year results as it progressed with its Philippines LNG and power hub and small-scale liquefaction plant at Sengkang in Indonesia where its production sharing contract is expected to be renewed.

Pertamina, the Indonesia state energy company, said it would not be going ahead with on onshore LNG regasification terminal project backed by Japan and planned for Bojonegara in Western Java.