This week in energy: all eyes on Singapore, advances on e-methane and positive words from gas partners
Each week, the Asia Natural Gas and Energy Association (ANGEA) compiles stories from the energy world that have caught our eye.
Given the region in which we operate – and our purpose – this collection of content is largely Asia-focussed. But we also look further afield, knowing that developments, trends and technology from around the world also have an impact across our region.
Here’s what has resonated over the past seven days.
All eyes on Singapore
The gas world is about to descend on one of the world’s leading energy hubs – Singapore – for Gastech 2023.
Gastech is always a massive event, bringing together gas-consuming and gas-producing countries and a huge amount of companies and people spanning the full value chain.
This year’s Gastech is actually a significant milestone for ANGEA, marking our first year of full-scale operations.
As our CEO Paul Everingham wrote in a pre-event blog, it’s a good time to take stock of the current circumstances of the energy world and pragmatically acknowledge and discuss the challenges and opportunities that lie ahead in energy transition.
Read the full blog: https://bit.ly/4809sdP
Asia’s relationship with natural gas
Speaking of Gastech, Petroleum Economist has been running a fantastic series in the lead-up to the event, looking at the importance of natural gas – now and into the future – for Asian economies.
The series examines the critical nature of gas and LNG to energy security and the market volatility that emanated from Russia’s invasion of Ukraine. It also analyses the emergence of Vietnam and the Philippines to join Southeast Asia’s LNG-importing ranks and looks at where the next wave of global LNG supply will come from, through the remainder of the 2020s and beyond.
Read more at:
- LNG industry’s faith unwavering on Asian demand
- Energy crisis resets expectations for Asia-Pacific LNG demand
- Asia’s LNG approach evolves
- Southeast Asia embraces LNG
We are excited to bring our essential infrastructure development experience to this collaboration with Tokyo Gas, Osaka Gas, Toho Gas and Mitsubishi Corporation. https://t.co/g3ncmv8lnn pic.twitter.com/Rj9sFDkuts
— Sempra Infrastructure (@SempraInfra) August 30, 2023
Sempra and Japanese consortium to team up on e-methane
US-based ANGEA member company Sempra Infrastructure is working with Tokyo Gas, Osaka Gas, Toho Gas and Mitsubishi corporation on a project that could be the first link of an international supply chain of liquified e-natural gas, a synthetic gas produced from renewable hydrogen and carbon dioxide.
The collaboration would see e-methane liquefied in Louisiana and then shipped to Japan.
It’s another great example of the way in which ANGEA members are at the forefront of global efforts to create low-emissions fuels of the future.
Read more: https://bit.ly/45vGCk5
New Indonesia LNG train set to come online
Another addition to Asia’s natural gas production is just around the corner – with Train 3 of the Tangguh project expected to produce first LNG in September.
It’s been quite the feat to get there, navigating the impacts of COVID-19 and overcoming a remote location, with construction taking more than 129 million hours.
Future expansion of the project will involve enhanced gas recovery through carbon capture, utilisation and storage.
Read more: https://bit.ly/3OVwFVY
Support for gas from Australia
It was very encouraging to hear Australian Minister for Resources Madeleine King speaking so positively about natural gas and its critical role in Asia at a recent event hosted by AustCham Hong Kong and Asia Mining Limited.
“Australia knows how important it is for nations to have a reliable and affordable gas supply as they transition their grids to renewable energy.
Gas will be an essential fuel into the foreseeable future, including in firming up the energy grids as renewable energy assets increase.”
Read Minister King’s full speech: https://bit.ly/3OTFa3S
We’ve successfully completed LNG tank hydro testing at our project site in Kitimat. This achievement is a major step forward as we prepare to deliver responsibly produced, lower carbon energy to the world.https://t.co/nPoGwb1DOv#LNG #BritishColumbia pic.twitter.com/M2p2keU2vM
— LNG Canada (@lngcanada) July 21, 2023
LNG Canada drawing ever-closer
On the topic of gas supply to Asia from elsewhere in the world, Petronas offered a positive update on progress of the globally significant LNG Canada project.
Petronas, which has a 25 per cent stake in LNG Canada, said the facility was expected to be operational in the second half of 2024.
The first two trains of LNG project are expected to have capacity of 14 million tonnes per annum and the ability to ship direct to Asia from Canada’s west coast is viewed as a major plus for the project and others that will follow.
Read more: https://bit.ly/3OWJTBJ
CCS prototype to be rolled out on LNG carrier
Decarbonisation along the full supply chain is a focus right across the natural gas industry and TotalEnergies’ installation of a carbon capture and storage (CCS) system aboard one of its LNG carriers is more evidence of that.
CCS is an important consideration for the shipping industry – which currently accounts for around 2 per cent of global CO2 emissions but could account for about 17 per cent by 2050.
Read more: https://bit.ly/3qMTZxi
🚨 Now Out | State of the Art: CCS Technologies 2023 🚨
📥 The Institute has released its flagship CCS technology compendium, showcasing a wide range of commercially available CCS technologies and solutions. Download your copy today 👇#CCSTechReport23https://t.co/hkhQiJXJUD
— Global CCS Institute (@GlobalCCS) August 28, 2023
A one-stop shop for CCS technologies
There is an incredibly diverse range of technologies involved in CCS – and fortunately the Global Carbon Capture and Storage Institute is around to catalogue them!
The GCCSI recent released its State Of The Art Report for 2023, a must-read for anyone interested in the technical side of carbon capture and storage.
Access it at: https://bit.ly/3PhbFdO
ANGEA is an industry association representing LNG and natural gas producers, energy buyers, suppliers and companies in APAC. Based in Singapore, it works in partnership with governments and societies across the region to deliver reliable and secure energy solutions that achieve national economic, energy security, social and environmental objectives and meet global climate goals.