lng

Natural gas is the most practical energy source for the region, according to our latest web poll.

Parent company PTT will take up 65% of the deal, leaving about $1 billion to be placed with other investors. The fundraising plan comes after PTTEP wins a bid for African LNG-play Cove Energy.

Malaysia’s state-owned oil and gas company, Petronas, has agreed to buy Canada’s Progress Energy to exploit unconventional gas reserves.

The LNG-focused company, which is controlled by PetroChina, attracts support from RRJ Capital and Temasek as it completes the first Asian ECM trade in the second quarter.

PetroChina plans to buy a 20% stake in a Shell liquid natural gas property in Canada for more than $1 billion.

Russian LNG exporters are optimistic that China will tap into their resources.

Societe GeneraleÆs Mark Westley discusses the robust LNG and offshore shipping finance scene in Asia-Pacific.

The Indonesian government has announced plans to back its next bond issue with liquefied natural gas (LNG) assets.