This week in energy: history in Vietnam and Hong Kong, Canada up in lights and ship-to-ship LNG bunkering

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 fortnight. 

History made in Vietnam and Hong Kong
Two very encouraging developments over the past week, with both Vietnam and Hong Kong welcoming their first LNG shipments. 

The Bauhinia Spirit in Hong Kong is the world’s largest floating storage and regasification unit and LNG imports are an import part of work being undertaken there to reduce emissions (read more: https://bit.ly/3rvAkC1). 

Meanwhile Vietnam’s recently adopted National Power Development Plan 8 charts a path towards net zero which has gas-fired electricity generation at its core. This week’s delivery of LNG to Thi Vai terminal will be the first of many. 

Read more: https://bit.ly/3NIiRO8 

Photo by Viet Anh Pham, Head of LNG Trading, Petrovietnam Gas

Exxon in the Vietnam mix
Sticking with Vietnam for the moment, it was pleasing to read during the week that ANGEA member company ExxonMobil was among the companies hoping to help the country meet its long-term gas needs. 

ANGEA and its members are strongly committed to working to ensure countries in Asia – including those with rapidly economies – have the gas they need to continue growth while also meeting climate targets. 

Read more: https://bit.ly/3O1fMJd  

All eyes turn to Canada
The attention of the gas-producing and consuming world turned to Canada this week, with Vancouver hosting the LNG2023 conference. 

Canada itself won’t re-enter the LNG export ranks until 2025 but it’s a country with plenty of buzz about it, including the massive LNG Canada project that is now 85 per cent complete. 

One of the very positive aspects of the conference was the level of discussion around Canadian LNG and the potential for it to assist Asia with long-term decarbonisation goals. 

Read more: https://bit.ly/3Od4N0A  

ANGEA in Vancouver
ANGEA CEO Paul Everingham was among the attendees at LNG2023, where he very much appreciated the chance to moderate a panel discussion on “The role of LNG in meeting Nationally Determined Contributions.” 

With panel contributions from ExxonMobil China, Petronas, Engie and the American Petroleum Institute, the discussion had exactly the types of wide-ranging viewpoints that such conversations need. 

Paul and ANGEA are grateful for the opportunity to be part of LNG2023 and we look forward to the next iteration in 2025 in Doha. 

The value of North American gas to Asia
Paul’s visit to Canada coincides neatly with a recent blog piece he wrote for this website that traces the impact of North America’s “shale revoluation” and outlines why the continent’s LNG exports are so critical for Asia’s future. 

“The world cannot achieve net zero unless Asia does; equally Asia can’t do that unless it lowers the cumulative carbon profile of its energy systems.  

“North American gas can support both these outcomes.” 

Read more: https://bit.ly/3ptavSt 

More good news for Bangladesh
Bangladesh is an interesting case study in the Asian energy landscape – on one hand it already generates the majority of its electricity from natural gas. 

But like many developing economies, it found itself “priced out” of the LNG export market after Russia’s invasion of the Ukraine. 

Pleasingly, Bangladesh has signed two recent long-term LNG supply deals, the most recent of them with Malaysia this week. 

Read more: https://bit.ly/44LOUnf  

Thailand pressing on with hydrogen ambitions
Great to see Thailand’s Energy Policy and Planning Office pushing ahead with exploring hydrogen as a fuel – including a pilot project of co-firing with gas at an Electricity Generating Authority of Thailand power plant in Ayutthaya’s Wang Noi district. 

With its strong existing foundation of gas-fired power generation, Thailand is perfectly placed to undertake this type of development. 

Read more: https://bit.ly/3JHXcUP 

Ten minutes with Neil Theobald
In a new feature on the ANGEA website, we’re working to bring you the behind-the-scenes stories of the people helping drive progress in the Asian energy landscape. 

First cab off the rank is ANGEA’s own Neil Theobald, who started his oil and gas career in the 1980s offshore in the North Sea but is a familiar face to many in Asia through his long-time work for Chevron and now our association. 

Neil has his say on the biggest thing he’d like the world to understand about energy in Asia and provides some tips for staying fresh and focussed while travelling (which he’s done plenty of!) 

Read more: https://bit.ly/3O5dVnB  


Osaka gas launches ship-to-ship LNG bunkering business
One story that certainly captured the attention of audiences on our LinkedIn page was the one above about Osaka Gas hoping to start ship-to-ship bunkering of LNG in the Osaka Bay and the Seto Inland Sea by 2026 

Increased ship-to-ship bunkering will help unlock the potential of LNG as a fuel that can help decarbonise the global maritime industry. 

Read more: https://bit.ly/3Xy1dAW  

Is it the shoes?
Not all carbon capture developments are going to be this funky but a collaboration between Adidas and Calgary company Oco certainly caught our eye this week. 

Under the partnership, CO2 emissions would be captured from Alberta’s largest natural gas-fired power generating facility and turned into ink to be used in a range of Adidas runners. Very cool and another illustration that the potential for CCS/CCUS is limited only by the imagination.

Read more: https://bit.ly/3OdmigU

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.