Natural Gas

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Sources: Pacific Region Media
Time: 30 days
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This is the Natural Gas narrative, driven by 78 sources in Pacific Region Media, amplifying 356 narrative items.
This brief covers updates on natural gas supply and demand in various countries, including China, the US, India, and Tanzania. It also touches on the challenges and opportunities faced by gas companies in the current market, along with investment prospects in the African energy sector.
The Pacific Region Media module tracks a large number of news organizations and journalists operating in, and reporting on, the Indo-Pacific region.
Click to see details for each one
Renewable Energy Expansion
AboitizPower is working towards achieving the country's renewable energy goals by adding 3,700 megawatts of new capacity and developing various energy projects including solar, wind, geothermal, and battery storage systems.
European Court of Human Rights may rule on governments' obligation to protect people from climate change impacts
Judges to rule on cases of human rights breaches due to government's failure to protect from climate change
Recent stock prices of Bharat Petroleum Corporation, ITC, and IndusInd Bank
Bharat Petroleum Corporation's share price is 1735.20, ITC's share price is 585.40, and IndusInd Bank's share price is 418.25 as of 2:09 PM on 18 Mar 2024.
Promoting investment in Africa's hydrocarbons sector
The AEW: Invest in African Energy conference aims to drive investment into Africa's hydrocarbons sector by providing valuable insights and showcasing transformative gas plans like that of the Republic of the Congo.
Transmission Grid Milestone
NGCP inaugurates substations in Negros Occidental, Iloilo, and Cebu with President Ferdinand R. Marcos, Jr. in attendance
Empire's Impressive Gas Holdings
Empire's Beetaloo project boasts four stacked shale reservoirs with a net thickness of over 300m, potentially revolutionizing the gas market if commercial gas flows
Economic Times
13% of the narratives in this brief were amplified by this source.
Social News XYZ | Latest Updates
8% of the narratives in this brief were amplified by this source.
The Indian Express
7% of the narratives in this brief were amplified by this source.
Business Mirror
6% of the narratives in this brief were amplified by this source.
BusinessWorld
5% of the narratives in this brief were amplified by this source.
Devdiscourse | News
4% of the narratives in this brief were amplified by this source.
Manila Standard
4% of the narratives in this brief were amplified by this source.
South China Morning Post
3% of the narratives in this brief were amplified by this source.
Bangkok Post
3% of the narratives in this brief were amplified by this source.
The Frontier Post Pakistan
3% of the narratives in this brief were amplified by this source.
Yadana natural gas field operation withdrawal by Chevron
Chevron confirmed its withdrawal from operating in the Yadana natural gas field in Myanmar.
Tanzania LNG Project Showcase at IAE 2024
Tanzania is set to showcase its $40 billion LNG project at the Invest in African Energy 2024 forum.
Equatorial Guinea at IAE 2024
Antonio Oburu Ondo, Minister of Mines and Hydrocarbons of Equatorial Guinea, will speak at the upcoming Invest in African Energy (IAE) forum in Paris.
Liquefied Natural Gas (LNG) Processing
Tanzania's LNG project is set to process gas from fields operated by Equinor, Shell, and ExxonMobil, producing 10 million metric tons per year.
Ultra-deep Layer Gas Extraction
China's Tarim Oilfield added capacity of 1 billion cubic meters of natural gas in the ultra-deep layer.
Myanma Oil and Gas Enterprise (MOGE)
MOGE acquired a stake in the Yadana natural gas field in Myanmar from Chevron.
PTT Exploration and Production (PTTEP)
PTTEP acquired a stake in the Yadana natural gas field in Myanmar from Chevron.
Sinopec
Sinopec ensured a supply of 21 billion cubic meters of natural gas during the 2023-2024 heating season.
Chevron
Chevron confirmed its withdrawal from operating in the Yadana natural gas field in Myanmar.

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Amplifiers:
BNI Online
bnionline.net
U.S Energy Giant Chevron Finally Withdraws from Its Natural Gas Stake in Myanmar
U.S. energy giant Chevron has confirmed its withdrawal from operating in the Yadana natural gas field in Myanmar. Chevron confirmed the sale of its shares to Junta-owned Myanma Oil and Gas Enterprise (MOGE) and Thailand-based PTT Exploration and Production (PTTEP) Chevron's 41.1% stake in the gas field has been redistributed to the remaining shareholders PTTEP and MOGE.
Amplifiers:
The Indian Express
indianexpress.com
Robust recovery in demand amid cheaper prices bumps up India’s reliance on natural gas imports
Indias reliance on imported natural gas has grown notably in the first 11 months of the current fiscal. The countrys import dependency in the case of natural gas in April-February was 46.1 per cent, against 43.6 per cent in the corresponding period of FY23. Indias natural gas consumption for the 11 months to February stood at 60.58 bcm, up 11 per cent year-on-year.
Amplifiers:
CGTN Official
news.cgtn.com
China's Tarim Oilfield adds capacity of 1 billion cubic meters of natural gas in ultra-deep layer
China's Tarim Oilfield adds capacity of 1 billion cubic meters of natural gas in ultra-deep layer. 14 wells put into operation to provide over one billion cubic metres of gas for Chinas West-to-East gas pipelines.
Amplifiers:
Economic Times
economictimes.indiatimes.com
Is all the bad news and views priced in ? 4 stocks from the natural gas sector for contrarian trade.
Gas stocks have been underperforming the market for quite some time. Argument against them has been multifold, right from stagnation in terms of volume growth, companies not being able to expand in newer areas and the threat from EV. While there is no doubt that over a period of time, EV will dominate, does it mean the end of the business of the gas companies? The answer is probably no, there are many other use cases and narrative about negative impact might be over stretched.
Amplifiers:
Social News XYZ | Latest Updates
socialnews.xyz
Tanzania to Showcase $40B Liquefied Natural Gas (LNG) Project, Gas Prospects at Invest in African Energy (IAE) 2024 - Social News XYZ
Tanzania to Showcase $40B Liquefied Natural Gas (LNG) Project, Gas Prospects at Invest in African Energy (IAE) 2024. The country's flagship Tanzania LNG project is set to process gas from fields operated by Equinor, Shell and ExxonMobil, producing 10 million metric tons per year.