Australia supplied over 53% of China’s LNG imports during the first five months of 2019, shipping data in Refinitiv showed, up from around 40% in 2016 when a previous round of new Australian export projects started to ramp up.

Japan imported more than 210 million short tons (MMst) of coal in 2018, making it the world’s third-largest coal-importing country after only India and China. Japan continues to use steam coal to fuel one-third of its electricity generation and metallurgical coal for raw steel production.

PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that it has signed the Share Purchase Agreement (“Agreement”) with wholly owned subsidiary of China National Petroleum Corporation (“CNPC”) in relation to the sale of a 10% participation interest in the Arctic LNG 2 project.

PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that it has signed the Share Purchase Agreement (“Agreement”) with CNOOC Ltd. (“CNOOC”) in relation to the sale of a 10% participation interest in the Arctic LNG 2 project.

PAO NOVATEK (“NOVATEK” and/or the “Company”), Total Gas & Power Business Services S.A.S, Siemens Aktiengesellschaft and JSC Zarubezhneft (Zarubezhneft) signed a Memorandum of Understanding (MOU) on cooperation in Vietnam.

Demand for natural gas grew 4.6% in 2018, its fastest annual pace since 2010, according to the IEA’s latest annual market report,

Over the last decade Russia and China have significantly increased their energy links, with Russia ramping up supplies of crude and gas, and attracting Chinese investment into major new energy projects.

A general contract for Russian-designed power units No. 3 and No. 4 construction with VVER-1200 reactors at Xudapu nuclear power plant was signed on June 5 in Moscow in presence of heads of Russia and China. The official signing ceremony took place during President of China Xi Jinping state visit to Russia.

Moscow, 5 June 2019. Today, during the official visit of the President of the People’s Republic of China Xi Jinping to the Russian Federation, PAO NOVATEK (“NOVATEK” and/or the “Company”), Sinopec and Gazprombank signed Heads of Agreement (“Agreement”) on establishing a joint venture to market LNG and natural gas to end-customers in the People’s Republic of China.

This was up 8.7% month on month from April imports of 1.62 million mt, and 20.9% higher from a year earlier. About 94.5% of the Russian imports were ESPO blend, with just one cargo of 96,000-mt of Sokol.

The yield on 10-year rupee sovereign debt fell as much as 9 basis points to 6.94% after data late Friday showed gross domestic product rose 5.8% last quarter from a year earlier.

First quarter Profit After Tax (PAT) stood at RM14.2 billion, up by 9 per cent on the back of higher revenue, but partially offset by increased net product and production costs, lower net write-back of assets impairment and higher contribution to the National Trust Fund.

Over January-April, China imported 8.93 million mt of LNG from Australia, up 40.2% year on year, the customs data showed.

China is the world’s largest coal consumer and the largest buyer of Indonesia’s coal. In 2018, it imported 125 million metric tons of mostly low-calorie coal from Indonesia, absorbing 25 percent of Indonesia’s coal exports.

In a market outlook report focused on the Philippines, analytics firm GlobalData said installed capacity was cued for an 11.2-percent compound annual growth rate (CAGR) from 2019 to 2030.