Showing 1291-1300 of 1415 results

Gas Malaysia gets EC’s nod for higher natural gas tariff for non-power sector

PETALING JAYA: has announced that the Energy Commission has approved higher natural gas tariff for the non-power sector in Peninsular Malaysia, from Jan 1 to June 30.While the higher tariff would be a boon for Gas Malaysia, businesses in Peninsular Malaysia should brace for higher cost of operations. Higher gas tariff would increase cost for […]

Philippines’ first LNG terminal sought by China and Japan

MANILA/BEIJING/TOKYO — The Philippines has become a new front in China and Japan’s infrastructure rivalry as companies from both countries bid to build the archipelago’s first liquefied natural gas terminal […]  

Vietnam Natural Gas Plans Clash with Climate Fears

HO CHI MINH CITY — Vietnam repeatedly calls itself one of the countries that would be most devastated if climate change worsens, but it is also preparing to import liquefied natural gas (LNG), which emits the greenhouse gases that accelerate climate change. Rather than drastically boost renewable energy, Vietnam plans to start using LNG for the […]

Petronas LNG purchase deal with Cheniere to support sixth train at Sabine Pass

Houston — Malaysia’s Petronas will buy LNG from Cheniere Energy under a 20-year agreement that will support building a sixth liquefaction train at the exporter’s Sabine Pass terminal in Louisiana. The long-term offtake deal for approximately 1.1 million mt/year of LNG will be shipped on a free-on-board basis beginning following the date of first commercial […]

Pertamina enters construction phase of 1,760-mw steam power plant

Jakarta (ANTARA News) – State-owned oil and gas company Pertamina, through its subsidiary PT Pertamina Power Indonesia (PPI), entered the construction phase of a gas and steam power plant, with a capacity of 1,760 megawatts (MW), in December 2018. Construction of Jawa-1 Independent Power Plant (IPP) signifies Pertamina`s efforts to support the provision of clean […]

Myanmar plans to sell natural gas produced from PTTEP block mainly for local use

Myanmar is planning to sell natural gas produced from PTTEP offshore block (MD-7) mainly for local use, sources said. The PTTEP, cooperating with Myanmar Oil and Gas Enterprise (MOGE), held a public talk to discuss and explain about environmental impact assessment (EIA) test with locals from Myeik on December 13. They met with locals in […]

Thailand’s PTTEP boosts gas production, reserves with contract wins

Singapore — Thailand’s energy ministry has awarded the renewed production sharing contracts for two major gas fields to PTT Exploration and Production Public Co Ltd, boosting the state-run oil company’s gas production and reserves profile at a time when the country’s output has been flagging. PTTEP’s auction wins for the Erawan and Bongkot natural gas […]

Petronas Wants Malaysia to be Regional LNG Bunkering Hub

Malaysian oil and gas company Petronas plans to introduce liquefied natural gas (LNG) bunkering operations at the country from the second half of 2019. “As a major player in the LNG business, PETRONAS is well-positioned to support the strategic intent for Malaysia to become the regional LNG bunkering hub,” it said in the Petronas Activity […]

Abang Johari: No multi-layer sales tax on petroleum products

KUCHING: Sarawak Chief Minister Abang Johari Openg today clarified that only the export sales tax will be imposed on petroleum products. Clarifying that there would be no multi-layer sales tax on petroleum products, he said there was a lot of misunderstanding on the export sales tax for petroleum and gas product,s which was announced in […]

Fixing of floor price for oil bodes well for Malaysia

PETALING JAYA: Amid an uncertain oil and gas (O&G) environment, it would seem that a floor price for crude oil has been fixed at US$60 per barrel since the collective agreement by global oil producers to cut supply. This development bodes well for Malaysia, both the government and local O&G industry players, as it signifies […]