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Azerbajian's SOCAR Trading has begun liquefied natural gas (LNG) trading in Singapore to capture growing demand in Asia, its chief executive said.
CPC Corporation's subsidiary, OPIC Australia, has bought a 10% stake on Carnarvon Energy’s Bedout assets which includes the Dorado project.
Governments across Asia are formulating strategic natural gas reserve policies, building new terminals and storage tanks as buffers against supply disruptions following last year's energy crisis that sent global prices soaring to a record.
SINGAPORE/TOKYO, July 20 (Reuters) - Governments across Asia are formulating strategic natural gas reserve policies, building new terminals and storage tanks as buffers against supply disruptions following last year's energy crisis that sent global prices soaring to a record.