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S-E.Asia

S-E.Asia
2016, June, 20, 18:15:00

JAPAN RESHAPES MARKET

“Now is our chance, and we have a window of three or four years to act,” before the balance of supply and demand might change, said Ken Koyama, a managing director and senior economist at Japan’s Institute of Energy Economics, which advises the Japanese government on energy policy.

S-E.Asia
2016, June, 16, 18:15:00

CHINEESE MONEY FOR RUSSIA

Among the major shareholders of Yamal LNG are local gas producer Novatek (50.1%), Total (20%) and CNPC (20%). The Silk Road Fund has become the second Chinese strategic investor in the project, after China National Petroleum Corp. (CNPC) provided $5 B of investment for Yamal LNG. Under the terms of the agreement, the Silk Road Fund will provide approximately $800 MM for the implementation of the project over the next several years.

S-E.Asia
2016, June, 16, 18:10:00

КИТАЙ ПРЕДЛАГАЕТ БОЛЬШЕ

В 2015 г., по данным МЭА, потребление газа в Китае выросло всего на 4% год к году – самый низкий показатель за 15 лет. Спрос на газ в Китае, прогнозирует МЭА, увеличится со 190 млрд куб. м в 2015 г. до 320 млрд куб. м в 2021 г. (в среднем на 9% в год).

S-E.Asia
2016, June, 16, 18:05:00

VENEZUELA - CHINA TALKS

Venezuela has borrowed over $50 billion from China under the financing arrangement created by late socialist leader Hugo Chavez in 2007, in which a portion of its crude and fuel sales to the world's second-biggest economy are used to pay down loans.

S-E.Asia
2016, June, 14, 18:20:00

CHINA'S OIL PRODUCTION DOWN

PetroChina Co., the nation’s biggest producer, said in March it expects oil and gas output to fall the first time in 17 years as it shuts fields that have “no hope” of turning a profit, while Cnooc Ltd. sees output slipping as much as 5.2 percent this year.

S-E.Asia
2016, June, 14, 18:00:00

THE BIGGEST ASIA'S LNG TERMINAL

Total amount of LNG will be gasified per year from terminal expected 7.2 Million MT Per Year that will make it Asia’s Biggest LNG Terminal.

S-E.Asia
2016, June, 10, 14:25:00

INDIAN - RUSSIAN ADVANTAGES

ONGC Videsh Ltd. signed a $1.16 billion nine-month bridge loan on May 19 to fund the purchase of a 15 percent stake in Vankor field in Siberia from Russia’s Rosneft OAO, data compiled by Bloomberg show. Indian Oil Corp. plans a $1.2 billion fundraising for Russian investments in three or four months, including short- and long-term loans, Finance Director A.K. Sharma said in an interview on Wednesday. The average margin over benchmark rates on non-rupee loans for Indian refiners and explorers was 74 basis points this year, the lowest since 2006, the data show.

S-E.Asia
2016, June, 10, 14:10:00

INDONESIA'S OIL DOWN

The Indonesian government has proposed to the parliament revising down the country's 2016 crude oil production target by 2.4% to 810,000 b/d, from the initial target of 830,000 b/d, as some producers had reduced their output levels due to lower global prices,

S-E.Asia
2016, June, 9, 18:40:00

BP: TIME OF CHANGES

In 2015 global demand for primary energy grew by only 1%, significantly slower than the 10-year average. This reflected continued weakness in the global economy and lower growth in Chinese energy consumption as the country shifts from an industrial to a service-driven economy.

S-E.Asia
2016, June, 9, 18:35:00

ROSNEFT'S OPTIMISTIC PERCEPTION

Rosneft is betting that south Asia will be a fast-growing market for its oil, and is keen to increase its profits from the region by investing in downstream infrastructure such as refineries and petrol stations.

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LNG (106)
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