SINGAPORE/LONDON, July 7 (Reuters) – Thailand’s largest energy company, state-controlled PTT (PTT.BK), is in advanced talks with Qatar for a 15-year liquefied natural gas (LNG) supply deal, four trading sources told Reuters.

Jakarta. Chinese oil company PetroChina has launched the drilling campaign involving 14 oil and gas wells at Jabung block in the Indonesian province of Jambi after winning a 20-year extension of the exploration contract, a spokesman said on Wednesday.

Vitol Group said Monday it had delivered the first liquefied natural gas (LNG) cargo to Finland’s first LNG terminal and that another LNG shipment has embarked for the Philippines in what is also a first for the Southeast Asian country.

Jakarta (VNA) – The Association of Southeast Asian Nations (ASEAN) has recently launched the second version of its taxonomy for sustainable finance, expected to help the region unlock financing for coal phase-outs.

THE Philippines has bought its first-ever liquefied natural gas (LNG) cargo, which will be delivered this month, bound for a new terminal that will fuel a 1,200-megawatt (MW) power plant, global energy trader Vitol said on Monday (Apr 3).

Laos has begun importing gasoline from China instead of purchasing it from neighboring Thailand amid an ongoing economic crisis, including surging inflation that has prompted one lawmaker to call for an increase in salaries for domestic workers and state employees.

Analysts foresee Malaysia’s oil and gas sector to remain resilient in the second half of 2023, underpinned by steady oil prices.

LIQUEFIED natural gas (LNG) from Indonesia made up less than 1 per cent of Singapore’s annual natural gas imports on average between 2020 and 2022, Minister for Trade and Industry Gan Kim Yong said in a written parliamentary reply on Monday (Jul 3).

Thailand’s domestic gas supply has increased as production from the Erawan gas block in the Gulf of Thailand has risen to 400 million standard cubic feet per day (MMSCFD) from 210 MMSCFD earlier this year, according to the Department of Mineral Fuels.

State energy firms Pertamina and Petronas plan to jointly take over Shell’s participating interest in Indonesia’s Masela gas project, the Indonesian energy minister said on Monday.