No hike on electricity tariff for non-domestic users
KUALA LUMPUR (June 28): The Energy Commission (EC) said the Government has agreed to maintain the electricity tariff surcharge at 2.55 sen per kilowatt-hour (kWh) for non-domestic users, while no surcharge is imposed on domestic users. Based on its check on the imbalance cost pass through (ICPT) mechanism for the period between Jan 1 and […]
Singapore Pavilion Energy marks first ship-to-ship LNG refuelling operation
PAVILION Energy has performed the first commercial ship-to-ship (STS) liquefied natural gas (LNG) refuelling operation in the port of Singapore, the company said. The operation included loading 2,000 cubic metres of LNG onto a small-scale tanker at the Singapore LNG (SLNG) Terminal, followed by an STS transfer to a receiving heavy-lift commercial vessel, Pavilion Energy […]
Over 23 million cubic feet of gas distributed daily for CNG buses
The onshore oil fields distribute over 23 million cubic feet of gas daily for use in CNG passenger buses, said Tin Maung Oo, permanent secretary of the Ministry of Electricity and Energy. The information was disclosed during a press conference on the clarification of the ministry’s activities in the third year of the government’s term […]
Phoenix reinforces retail LPG business in Vietnam
The Filipino company’s expansion in Vietnam was formally cemented this year when it acquired 75 percent of Origin LPG Vietnam LLC, which the Uy firm had subsequently renamed to Phoenix Gas Vietnam. The LPG business acquisition is based in Ho Chi Minh City and with established markets in Central and South Vietnam. It offers products […]
Trade wars give US LNG a beachhead in Vietnam
Gas-to-power deals offer Hanoi a quick route towards reducing its trade surplus with the US and avoiding President Trump’s attention US pressure on Vietnam to reduce its trade deficit is creating a rare opportunity for US LNG producers to access a fast-growing Southeast Asian economy, fortuitously at a time when trade tensions are dampening their […]
DOE finalizing LNG project evaluation team
MANILA, Philippines — The Department of Energy (DOE) is finalizing a review committee, in partnership with the US government and University of the Philippines (UP), that will evaluate applications for liquefied natural gas (LNG) project as more companies are interested in developing the country’s natural gas industry. DOE assistant secretary Leonido Pulido said the US […]
With $20 billion investment, Brunei’s oil and gas workforce to grow from 20,000 to 35,000
Brunei’s oil and gas industry is expected to hire 15,000 more people over the next few years with $20 billion in investment into downstream projects including a petrochemical refinery and fertilizer plant. Deputy Minister of Energy, Manpower and Industry Dato Seri Paduka Awg Hj Matsatejo Sokiaw said that the first phase Hengyi Industries’ oil refinery and […]
Analysis: Southeast Asia’s LNG balancing role in focus, as Thailand agrees import capacity expansion
Singapore — Thailand’s Map Ta Phut phase 3 expansion has turned focus to Southeast Asia’s demand growth potential and future balancing role in global LNG, as oversupply concerns extend into the mid-2020s. Thailand’s Gulf PTT Tank Consortium signed a 30-year contract with the Industrial Estate Authority of Thailand (IEAT) on Tuesday for the third phase of […]
Pryce Gases set to drill well in southwest Palawan Basin
PRYCE Gases Inc. (PGI), a distributor of liquefied petroleum gas, is set to drill a well in the southwest Palawan Basin. “Pryce Gases Inc., along with a consortium partner, has decided to enter Sub-Phase 5 of Service Contract 55 [SC 55], which will be effective on August 26, 2019,” said PGI. PGI’s entry into Sub-Phase 5 […]
LNG Ltd to supply gas to Vietnam from Louisiana project
Sept 16 (Reuters) – Australia-listed Liquefied Natural Gas Ltd said on Monday it signed a deal with a province in Vietnam to supply liquefied natural gas (LNG) from its Louisiana-based Magnolia project. The Vietnam project includes an LNG import terminal, and a 32,000-megawatt combined-cycle power plant in the coastal province of Bac Lieu, where the […]