The Asia and Pacific region is also starting to recover tentatively, but at multiple speeds. Economic activity is expected to contract by −2.2 percent in 2020, due to a sharper-than-expected downturn in key emerging markets, and to grow by 6.9 percent in 2021—0.6 percentage point lower and 0.3 percentage point higher, respectively,

The blue-chip CSI300 index ended 0.3% lower at 4,777.98, while the Shanghai Composite Index shed 0.4% to 3,312.50.

Farzad-B gas field was discovered by a consortium of three Indian companies ONGC, Oil India Limited and Indian Oil Corporation in 2008 in the Farsi offshore block of the Persian Gulf. Tehran and New Delhi have since negotiated the terms of the field’s development for years.

The goal of carbon-neutrality by 2060 will require China to kick its longstanding addiction to coal while building unprecedented amounts of intermittent wind and solar capacity.

On a quarter-on-quarter basis, China GDP rose 2.7% in the third quarter, the NBS said, compared with expectations for a 3.2% rise and an 11.5% rise in the previous quarter.

Asia-Pacific [market] is rallying because of recovering demand, better than in October and ATC was also looking for cargoes, lending support to CPs

China should strictly control coal consumption and the expansion of coal-fired power capacity in the next five years, aiming to cap carbon emission from coal sectors by 2025 and even realise negative growth

The blue-chip CSI300 index rose 3% to 4,823.16

The Nikkei 225 Index ended 0.12% lower at 23,619.69 on Friday.

In 2019, China was the largest coal producer in the world, with an output of 3,691 Mt, followed by India (769 Mt) and the United States (640 Mt).

Myanmar began its first LNG imports in June using small-scale vessels to supply emergency power projects that helped alleviate electricity shortages around the densely populated city of Yangon.

MSCI’s broadest index of Asia-Pacific shares outside Japan crept 0.4% higher to a fresh two-week peak, led by a 1.3% gain in Australia where an expansionary budget lifted stocks.

India's LNG demand for power generation has been robust this year as power plants looked to capitalize on record low LNG prices, helping boost margins at prevailing electricity prices.

The People’s Committee of Haiphong (Vietnam) has approved ExxonMobil’s 6 Mt/year LNG import terminal and 2,250 MW gas-fired power plant projects, which would require an investment of US$5.1bn.

Japan's the August crude imports, however, were down 23.9% from a year earlier and marked the lowest level in 32 years for the month,