The natural gas production of Asia in 2021 was 15,624.70bcf, an increase of 1.69% when compared to 2021. The largest gas-producing countries are China, Indonesia and Malaysia. Through to 2030, annual natural gas and condensate production is forecasted to decrease by a CAGR of 0.8% to reach 14,533.30bcf. GlobalData uses proprietary data and analytics to provide a complete picture of the total Asia oil & gas fields segment. Buy latest oil & gas field profiles here.
Here are the 10 largest upcoming natural gas fields by reserves in Asia, according to GlobalData’s oil & gas upstream fields database.
1. Abadi
Abadi is located in Arafura Sea, Indonesia. This natural gas oil field is owned by Inpex (65%), Shell (35%) and operated by Inpex Masela. Production from this field is expected to begin in 2031 and is forecasted to peak in 2047, approximately at the rate of 1,200mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2076. The project is expected to have recoverable reserves of 12,057bcf of natural gas. Buy the profile here.
2. BIGST Cluster
BIGST Cluster is located in Terengganu, Malaysia. This natural gas oil field is owned by Petroliam Nasional (100%) and operated by PETRONAS Carigali International. Production from this field is expected to begin in 2026 and is forecasted to peak in 2027, approximately at the rate of 1,750mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2062. The project is expected to have recoverable reserves of 6,370bcf of natural gas. Buy the profile here.
3. Block B Gas Development
Block B Gas Development is located in South China Sea, Vietnam. This natural gas oil field is owned by Japan Oil, Gas and Metals National (12.13%), Mitsui & Co (13.49%), PTT Public Co (8.50%), Vietnam National Oil and Gas Group (65.88%) and operated by Vietnam National Oil and Gas Group. Production from this field is expected to begin in 2025 and is forecasted to peak in 2025, approximately at the rate of 490mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2051. The project is expected to have recoverable reserves of 3,881bcf of natural gas. Buy the profile here.
4. West Sichuan
West Sichuan is located in Sichuan, China. This natural gas oil field is owned by China Petrochemical (100%) and operated by Sinopec Southwest Oil & Gas Co. Production from this field is expected to begin in 2023 and is forecasted to peak in 2072, approximately at the rate of 193mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2082. The project is expected to have recoverable reserves of 3,665bcf of natural gas.
5. Ca Voi Xanh
Ca Voi Xanh is located in South China Sea, Vietnam. This natural gas oil field is owned by Exxon Mobil (64%), Vietnam National Oil and Gas Group (36%) and operated by ExxonMobil Exploration and Production Vietnam. Production from this field is expected to begin in 2025 and is forecasted to peak in 2036, approximately at the rate of 580mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2047. The project is expected to have recoverable reserves of 3,113bcf of natural gas. Buy the profile here.
6. Kasawari
Kasawari is located in Sarawak, Malaysia. This natural gas oil field is owned by Petroliam Nasional (100%) and operated by PETRONAS Carigali International. Production from this field is expected to begin in 2023 and is forecasted to peak in 2024, approximately at the rate of 660mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2052. The project is expected to have recoverable reserves of 2,971bcf of natural gas. Buy the profile here.
7. Cluster III
Cluster III is located in Bay of Bengal, India. This natural gas oil field is owned by Oil and Natural Gas (100%) and operated by Oil and Natural Gas. Production from this field is expected to begin in 2024 and is forecasted to peak in 2034, approximately at the rate of 688.35mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2038. The project is expected to have recoverable reserves of 2,669bcf of natural gas. Buy the profile here.
8. Marjoram/Rosmari
Marjoram/Rosmari is located in Sarawak, Malaysia. This natural gas oil field is owned by Petroliam Nasional (20%), Shell (80%) and operated by Sarawak Shell. Production from this field is expected to begin in 2026 and is forecasted to peak in 2027, approximately at the rate of 495mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2060. The project is expected to have recoverable reserves of 2,292bcf of natural gas. Buy the profile here.
9. Jerun
Jerun is located in Sarawak, Malaysia. This natural gas oil field is owned by OMV (20%), Petroliam Nasional (30%), Sapura Energy (20%), Shell (30%) and operated by SapuraKencana Energy Sarawak. Production from this field is expected to begin in 2023 and is forecasted to peak in 2024, approximately at the rate of 500mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2048. The project is expected to have recoverable reserves of 2,107bcf of natural gas. Buy the profile here.
10. B14
B14 is located in Sarawak, Malaysia. This natural gas oil field is owned by Mitsubishi (30%), OMV (15%), Petroliam Nasional (40%), Sapura Energy (15%) and operated by SapuraKencana Energy Sarawak. Production from this field is expected to begin in 2024 and is forecasted to peak in 2025, approximately at the rate of 458mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2061. The project is expected to have recoverable reserves of 2,330bcf of natural gas. Buy the profile here.
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