Indonesia will no longer need to import LNG by 2025 to meet the shortfall in domestic natural gas production as previously expected, as the country brings new projects on stream by 2024, the energy minister told reporters Wednesday.

The Indonesian economy performed well in 2018, despite external headwinds, including capital flow reversals. Growth stabilized at above 5 percent, as robust domestic demand offset a decline in net exports.

U.S. exports of liquefied natural gas (LNG) have been growing steadily and reached a new peak of 4.7 billion cubic feet per day (Bcf/d) in May 2019,

Over January-June, China imported a total 28.37 million mt of LNG, up 19.3% year on year, the latest data from the General Administration of Customs showed.

Japan's oil and gas equity ratio rose to a record 29.4% of total imports and domestic output in fiscal 2018-2019 (April-March)

TVEL, the nuclear fuel manufacturer subsidiary of Russia's Rosatom, has signed a supply contract for units 7 and 8 of the Tianwan nuclear power plant in China's Jiangsu province. The customers are Suneng Nuclear Power Corporation and China Nuclear Energy Industry Corporation, which are both subsidiaries of China National Nuclear Corporation (CNNC).

South Korea's Doosan Heavy Industries & Construction (DHIC) signed the 'business collaboration agreement' with US small modular reactor developer NuScale Power for supply of NuScale Power Modules and other equipment. Doosan also signed the 'unit purchase agreement' through which it will make a cash equity investment in NuScale with Korean financial investors.

Mubadala Petroleum has signed an agreement with Premier Oil to farmout a 20% participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs), in which Mubadala Petroleum is the operator.

The signing of the agreements seek to further advance strategic ties between the UAE and China, opening up new partnership horizons across various fields

ADNOC and CNOOC signed an agreement to collaborate in the upstream and downstream oil and gas sector

ADNOC has signed an agreement with Indonesia's state energy company Pertamina to collaborate in both countries and internationally. Indonesia' foreign ministry said that the partnership could be worth up to $2.5bn.

NOVATEK announced the closing of the sale of participation interests in Arctic LNG 2 Project

India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, according to the Central Electricity Authority (CEA). This would significantly exceed the country’s Paris agreement target of a 40% share of installed power capacity from non-fossil fuel sources by 2030.

A total of 6.43 million mt were exported from Gladstone, up 2% year on year and 8% month on month, and the highest monthly volume since the 6.45 million mt seen in January, GPC figures showed.

June oil imports from Russia to China were up 31.7% on month from 1.76 million mt in May, hitting a five-month high, and also 124% higher from a year earlier.