East Asia ///

Frigid winter forecast for Asia threatens to worsen energy crisis

A weather phenomenon that typically delivers harsher winters is on the way and expected to add to Asia’s energy crisis.

BP Singapore inks 10-year LNG supply deal with Pavilion Energy that includes CO2 reporting

Pavilion Energy Trading & Supply and BP Singapore have signed a long-term LNG sale and purchase agreement for the supply of approximately 0.8 million tons of LNG per year to Singapore for 10 years from 2024. As part of the agreement, both companies will strive to co-develop and implement a greenhouse gas quantification and reporting methodology.

Mongolia’s Petro Matad moves forward with Block XX Exploitation License

The Mineral Resources Professional Council (MRPC) concluded that it supports and will approve Petro Matad’s Plan of Development for the Block XX Exploitation License once certain technical clarifications have been provided.

Neptune Energy producing natural gas from Merakes project in Indonesia

Neptune Energy announced that the operator, Eni, said production has started from its Merakes development in the East Sepinggan block offshore Indonesia.

DNV GL and Nanyang Technological University, Singapore support 3D printing through a four-year research agreement

Two new doctoral student (PhD) positions are being created through the Industrial Postgraduate Programme, supported by the Singapore Economic Development Board (EDB) and DNV GL. A further full time Research Fellow post is also being created at NTU’s Singapore Centre for 3D Printing.

Japan's Tokyo Gas pushes to revise LNG supply contracts

Japan's Tokyo Gas, the biggest city-gas supplier in the world's largest importer of liquefied natural gas (LNG), is in talks to renew supply contracts and will push to revise terms to get more flexibility and cut prices, a senior official said on Thursday.