Energy consumption in Thailand this year is expected to grow by only 0.1% to an average of 2,015 kilo barrels of oil equivalent per day, mainly due to strict Covid-19 travel restrictions, compared with 2.8% growth in the first half of 2021.
PETRONAS Gas Bhd (PetGas) had a good run in the 2010s. The gas infrastructure and utility player increased its pipeline and regasification capacity as Malaysia’s natural gas consumption rose by more than 80%. It also grew its necessary experience in the utility sector, including electricity, steam and gas products generation.
Banpu—controlled by billionaire Isara Vongkusolkit—has agreed to buy a combined cycle gas-fired power plant for $430 million in Texas as the Bangkok-based coal producer steps up investments in sustainable projects.
Thailand’s Energy Regulatory Commission (ERC) plans to fully develop a free market for liquefied natural gas (LNG) in the next three years, to ensure a sufficient gas supply and fair prices.
MANILA, Philippines — The Philippines will start importing liquefied natural gas (LNG) next year as the LNG terminals of First Gen Corp. and Atlantic Gulf and Pacific Co. of Manila Inc. (AG&P) are on track for completion next year, according to a ranking official of the Department of Energy.
Russian private natural gas producer and exporter Novatek is looking to sell LNG to Vietnam, it said, as it announced August 10 that it has opened an office in the capital Hanoi. The office will support its expansion into the global gas markets and provide continuous support for the its “prospective energy projects in Vietnam,” it […]
BANGKOK, Aug 5 (Reuters) – Thai oil and gas company PTT Exploration and Production Pcl (PTTEP) (PTTEP.BK) said on Thursday it has not yet been able to reach agreement with Chevron (CVX.N) about accessing the Erawan gas field in the Gulf of Thailand before it takes over the concession from the U.S. oil major next […]
Malaysia’s national oil company Petronas has taken a significant step forward with its offshore Kasawari carbon capture and storage (CCS) project, with the award of a conceptual engineering design contract to energy consultancy Xodus, a subsidiary of Oslo-listed offshore contractor Subsea 7.
Jakarta (ANTARA) – Indonesia will start offering bunkering services and boost port services at Sunda Strait for providing Low Sulphur Marine Fuel Oil (MFO) to foreign vessels. Deputy for Coordination of Maritime Sovereignty and Energy Basilio Dias Araujo made the statement while steering and witnessing the signing of a memorandum of understanding between PT Krakatau […]
LNG (Liquefied Natural Gas) is natural gas in liquid form for convenient long-distance transportation without a natural gas pipeline. It is produced from natural gas that contains methane as a main component, separated from other contaminants and elements such as carbon dioxide, mercury and sulphur. When reduced to -160°C the gas turns into liquid at […]