Industry


China to lead LNG regasification pipeline capacity additions in Asia by 2027, says GlobalData
China is set to dominate the liquefied natural gas (LNG) regasification capacity additions in Asia, contributing around 34% of the region’s capacity additions by 2027, according to data and analytics company, GlobalData.

Federal Parliament Committee recognises importance of carbon capture
A Federal Parliamentary Committee has recognised the importance of carbon capture technology to Australia and regional climate mitigation efforts.

Hiroshima Summit calls for gas investment to avoid supply shortages
Pipeline gas to Europe declined 10% in May but robust Europe and Latin America demand saw LNG exports rise 3.5% year-on-year as gas storage sites continued refilling in the USA and Europe, the latest report from the Gas Exporting Countries Forum has revealed.

Same Job Same Pay: Resource employers urge Gov to exclude contractors
Concerned mining and energy employers are calling for a multi-factor test to ensure specialist contractors are not caught up in the government’s proposed “Same Job, Same Pay” laws.

Window of Opportunity to Fast Track into Asia’s ‘Golden Age’ of LNG and Regasification Projects
Gas Exporting Countries Forum (GECF) Energy Economics Analyst Galia Fazeliyanova says demand projections for LNG are forecasting 36% growth, reaching 5,460bcm by 2050.

Oil and Gas to Work with New WA Government Towards Cleaner Energy Economy
Australia’s oil and gas industry looks forward to working with Western Australia’s new Cook Government to strengthen the state’s economy and accelerate the energy system transformation to net zero.

Chevron and JERA Sign MOU to Explore CCS Projects in Australia and the USA
Chevron New Energies, a division of Chevron U.S.A. Inc., and JERA have signed a Memorandum of Understanding (MOU) that provides a framework for their collaboration on carbon capture and storage (CCS) projects in the United States and Australia.

Gas and LNG prices pick up slightly, but remain deflated says Rystad Energy’s Gas and LNG Market Update
Rystad senior analyst Lu Ming Pang says gas and LNG prices have picked up slightly, but continue to remain deflated worldwide.

