The Global Infrastructure Facility’s (GIF) Governing Council approved $1.5 million in funding to support the World Bank’s work with the government of Vietnam on a Solar Pilot Auction Programme. The GIF, working with the World Bank’s Energy Global Practice, will help the government to design and structure the Auction Programme to transition from a feed-in […]

Oil prices have spiked by more than 6 percent since the US killed top Iranian military commander Qasem Soleimani in a drone strike ordered by President Donald Trump on January 3. Prices in Asia climbed to almost US$65 a barrel for the first time in four months on Monday amid fears that the US airstrike […]

JAKARTA (Reuters) – Indonesian President Joko Widodo will oversee the signing of $18.8 billion worth of energy and trade deals on a visit to Abu Dhabi, including Pertamina’s deal with Abu Dhabi National Oil Co to upgrade a West Java refinery, ministers said on Tuesday. Some of the deals have been under discussions for some […]

JAKARTA, Jan 7 (Reuters) – Indonesia’s Energy and Mineral Resources Ministry has decided to keep coal domestic market obligation at 25% and the price cap at $70 per tonne in 2020, it said in a statement on Tuesday. Ministry officials last year said the government was considering lowering the mandatory coal sales to domestic power […]

By 2023, Indonesia’s Energy and Mineral Resources Ministry is looking to stop supplying gas to Singapore via the Suban Blok Corridor Field. This is done so that the gas supply can be diverted back to domestic consumption in Indonesia. “Gas is still abundant in Sumatra. Gas supply to Singapore will end in 2023 and will be […]

BANGKOK: The government is looking into ways of reducing the impact of the United States-Iran conflict with regard to rising oil prices, said Energy Minister Sontirat Sontijirawong. According to the Bangkok Post, state agencies were closely monitoring the situation as any escalation would have a direct impact on fuel prices. “We will update the public on […]

KUALA LUMPUR, Jan 4 — Sustainable Energy Development Authority (Seda) Malaysia has approved a total of cumulative net energy metering (NEM) programme quota of 108MW as of November 2019. Seda Malaysia chairman Wong Kah Woh said the total approved quota portrayed a positive growth of 7.8 times increment, to compare with the previous three years, […]

ASIN, Jan 6 — The government, via the Ministry of Energy, Science, Technology, Environment and Climate Change (Mestecc), aims to raise its net energy metering (NEM) programme output to 300 megawatts (MW) this year. Mestecc Minister Yeo Bee Yin said last year, the Sustainable Energy Development Authority Malaysia (SEDA) approved 102MW under the NEM programme, […]

JAKARTA, Jan 6 (Reuters) – Indonesia’s Industry Ministry will put forward a plan for mandatory domestic gas sales to ensure local manufacturers can get cheap supplies after they complained of high prices, Industry Minister Agus Gumiwang Kartasasmita said on Monday. The so-called domestic market obligation (DMO) would require gas producers to sell a portion of […]

President Joko “Jokowi” Widodo will look into three options to lower the stubbornly high industrial gas price in Indonesia, which has deterred industries from expanding in Indonesia amid a domestic economic slowdown. The options are: introducing a fiscal incentive, creating a domestic market obligation (DMO) or undergoing an import simplification procedure to reduce gas prices […]