ASEAN Finance at Glance

Total Primary Energy Supply

Electricity and Heat

Total Final Energy Consumption

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Chinese investment in Laos’ energy sector tops 15 billion USD

Vientiane (VNA) – Laos is among 15 countries worldwide receiving the biggest investment from China in the energy sector, Vientiane Times on October 15 quoted a World Bank report as saying. By 2017, China’s investment in the field in Laos hit 15 billion USD and is expected to continue rising in the years to come, […]

Foreign investors see more chance to step in Vietnam’s oil refinery

The recent withdrawal of Vietnamese groups from billion-dollar oil refinery projects is paving the way for potential foreign investors, especially those from Thailand and China, to jump in the industry. At a recent meeting with government agencies, Pham Van Thanh, chairman of the Vietnam National Petroleum Group (Petrolimex), proposed to pull out from the South […]

Peso depreciation weighs on energy companies

ENERGY COMPANIES have counted the cost of the peso depreciation against the US dollar, prompting them to adopt measures to soften the impact on their finances, operations and investment decisions. “In the short-term operating perspective, you’d have to worry if the movement, the devaluation of the peso, has an impact on the growth rate of […]

Thailand blocks sale of French-owned power producer

Bangkok: Thailand’s energy regulator on Thursday said it would block PTT Group’s multibillion-dollar acquisition of a company owned by French energy giant Engie on grounds that it could create a electricity monopoly in some areas. Engie signed a deal with Thai group Global Power Synergy Public Company (GPSC), part of state-owned PTT, in June to […]