Vietnamese LNG works on politics and price
Vietnam will select future LNG suppliers for a projected spike in gas import demand based on geopolitics as well as economics, according to asset management firm Energy Capital Vietnam (ECV), which is dealing closely with the Hanoi government. The country’s demand is expected to rise to 31bn m³ by 2035, from 10bn m³ in 2019. […]
Malaysia raises export tax for crude palm oil for first time in over a year
SINGAPORE (Reuters) – Malaysia has raised its export tax for crude palm oil for January, for the first time in one-and-a-half years, the Malaysian Palm Oil Board’s website said on Friday, citing the national customs department. The world’s second-largest producer and exporter of palm oil had last imposed an export tax of 4.5% in August […]
Govt aims for 20pc renewable energy use by 2025, says deputy minister
PUTRAJAYA, Dec 13 — Malaysia remains committed to addressing the climate change in line with the Paris Agreement and Climate Change Convention as the government is seeking to increase the country’s target of renewable energy generation to 20 per cent by 2025. The commitment was stated by Energy, Science, Technology, Environment and Climate Change Deputy […]
Electricity tariff for domestic consumers to be maintained
THE electricity tariff for domestic consumers will be maintained, while the surcharge for non-domestic consumers will be reduced effective Jan 1 until June 30 next year, according to the Energy Commission (ST). Through the government-approved decision, 7.4 million domestic consumers would be exempted from paying the surcharge, while non-domestic consumers would enjoy a surcharge reduction […]
Eight action plans to address a global emergency
It is crucial that important changes are made in the buildings and construction sector if we are to successfully implement the agenda related to the Paris Agreement at the 21st Conference of Parties and the Sendai Framework for Disaster Risk Reduction and the 2030 Agenda for Sustainable Development.” This was the gist of the Global […]
Hà Nội adopts plan to cut emissions
HÀ NỘI — Hà Nội’s Department of Natural Resources and Environment has outlined a plan to reduce air pollution in 2020. ‘Green Initiates for Hà Nội’ will focus on air quality management, waste management, energy, urban planning, and green living with sustainable consumption. The department will develop an air monitoring network using low-cost air pollution sensors in selected areas of the […]
$4 bln LNG plant asking price too low: trade ministry
The Ministry of Industry and Trade is concerned the investor of a $4-billion power plant won’t be able to commit to its proposed electricity price tag. The trade ministry supports inclusion of a 3,200 MW liquefied natural gas-fired power plant in the Mekong Delta province of Bac Lieu as part of the national power plan. […]
No electricity tariff hikes for domestic consumers
THE government will maintain the electricity tariff for domestic consumers for the first six months of 2020, while the surcharge for commercial and industrial users will be reduced. Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin (picture) said the Cabinet had agreed to set the rates for the period of Jan 1 […]
Cambodia plans to spend over US$100mil on subsidies by 2021
CAMBODIA plans to spend more than US$100 million (RM417 million) on subsidies by 2021 to reduce electricity tariffs and spur economic growth. The move is also to relieve the financial burden of businesses and households. Cambodian utility company Electricite du Cambodge (EdC) director general Keo Ratanak told The Phnom Penh Post that the government had […]
Energy body to refund electric meter deposits
The Office of the Energy Regulatory Commission of Thailand (ERC) announced this weekend that it is planning to refund electric meter deposit to users who have paid their electric bill on time for 1 year. Narupat Amornkosit, secretary-general of the ERC announced on Sunday (Dec. 1) that ERC has discussed with Metropolitan Electricity Authority […]