Asia pipeline news
TMX likely to send more oil to US than Asia
Barrels from Trans Mountain pipeline expansion (TMX) will probably land on US West Coast as Asia gobbles up cheaper Russian oil.
STATS acquired by Japan stock market listed Mitsui
STATS Ltd executes share purchase agreement to sell 100% of issued share capital of company to Mitsui & Co., Ltd.
Ace Energy Infrastructure completes pipeline installation
Ace Energy Infrastructure Pvt. Ltd. achieves landmark success with record-breaking intersect method pipeline installation across Subansiri River in India.
Resin reinforcements
Yusuke Nishi, Belzona, introduces an ISO/ASME compliant composite repair system for pipes.
BAFS to construct new oil pipeline
Bangkok Aviation Fuel Services Plc plan to build new oil pipeline to link networks together and boost trade in Thailand’s northern region.
Gas and LNG prices pick up slightly
Prices pick up slightly but continue to remain deflated worldwide; prices did not respond as they did in 2022 despite disruption of gas pipeline supplies in Europe by multiple maintenance works.
LNG market update
Gas pipeline flows from Russia into Europe down 5% week-on-week, as of Sunday 28 May.
China prioritises Turkmenistan in next big project
China accelerates construction of Central Asian pipeline to source gas from Turkmenistan, even as Russia pushes new Siberian connection.
STATS sign deal with EPOMS group
Pipeline engineering specialist signs exclusive supply agreement with Malaysia’s E&P O&M Services Sdn Bhd.
Kazakhstan and Russia map out gas pipeline to China
Kazakhstan and Russia establish route for future gas pipeline to support shipments between them and to China.