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Eppo: Energy use to grow

The Energy Policy and Planning Office (Eppo) forecasts the country’s energy consumption in 2020 to rise 1.8% to 2.78 million barrels of oil equivalent per day (BOED), in line with Thai GDP and demand. This projection is based on GDP in 2020 growing 2.7-3.7% and the baht trading at 30.50-31.50 baht per US dollar. Crude […]

Prof Reacts to Prabowo Subianto’s Natuna Military Base Plan

TEMPO.CO, Jakarta – International law professor, Hikmahanto Juwana, form University Indonesia said that he is apprehensive about Prabowo Subianto’s idea to establish an Indonesian Natuna military base in the Riau Islands, and the country’s eastern region. “What I am most worried about is if it would create friction over Natuna sea, especially between [state authorities], which would involve weaponry,” said the professor […]

Energy Ministry introduces outline for dynamic growth

The Energy Ministry has announced 10 urgent action plans for 2020 to support living expenses for Thais, maintain the country’s energy security and become a regional leader in the sector. Energy Minister Sontirat Sontijirawong said the ministry has to carry out several missions next year to ensure dynamic growth in the economy. A new round […]

PH exploring possible energy cooperation with Alberta, Canada

The Philippines is exploring possible energy cooperation with the Province of Alberta, Canada’s energy capital, in anticipation of Malampaya’s gas reserves depletion by 2024. “There are great potentials for energy cooperation between the Philippines and the Province of Alberta, Canada,” Deputy Philippine Consul General in Calgary Zaldy Patron said in a statement. Patron was recently […]

Energy World revives talks with lenders for Pagbilao project funding

THE local unit of Australia-listed Energy World Corp. Ltd. (EWC) has revived talks with lenders to finance the completion of its 650 megawatt (MW) combined cycle gas-fired power plant after it has received certification from the government that the project is one of national significance. “We are in the process of finalizing the project funding […]

Shell focuses on finding new Malampaya gas field

Shell Companies in the Philippines is pushing for more oil and gas exploration to find another Malampaya gas field, instead of putting up an import terminal for liquefied natural gas. “The economic question in LNG, if those who will use it are the existing ones we have, which are around 3 gigawatts of capacity, then […]

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 […]

DoE asks Tanglawan to bankroll LNG project in 6 months

The Energy Department on Wednesday asked Tanglawan Philippine LNG Inc. to comply with the conditions of the notice to proceed with its $2-billion liquefied natural gas project within six months. “There is a provision [in the NTP] that there are still papers still to be submitted.  One of the big milestones there is their seriousness […]

Malaysia’s Petronas acquires 10% stake in Oman gas field

Singapore — Malaysia’s state-run oil and gas company Petronas has completed the acquisition of a 10% stake in a gas field in onshore Oman from Oman Oil Co Exploration & Production or OOCEP. The acquisition was made by Petronas’ subsidiary PC Oman Ventures Ltd or PCOVL in Block 61 from Makarim Gas Development, a subsidiary […]

PGN connects over 5,000 households in Banten to gas network

State-owned gas subholding company PT Perusahaan Gas Negara (PGN) has announced that it has completed its gas pipeline network project to distribute natural gas to households in Serang, Banten. PGN president director Gigih Prakoso, said the gas network project, funded through the state budget, would help reduce imports of liquefied petroleum gas (LPG). “PGN will […]