- Guangdong, China's industrial heartland, is turning back to costlier natural gas to meet rising electricity demand.
- El Niño curtailed hydropower and wind output, leaving utilities few options but to restart idled gas units.
- The province is hurrying to rebuild fuel stocks; its economy is roughly the size of Spain.
- Australian LNG exporter Santos posted a record quarterly output in the three months through September, with total production up 14% from the prior quarter and realized LNG prices up almost 50%.
- APA Group reached a final investment decision on a Queensland to New South Wales gas pipeline to alleviate projected shortfalls in southeast Australia.