Over the years, we have been reporting on proposed development of geothermal power generation facilities in Bali, Indonesia. With local opposition, any planned development though was unsuccessful. Now with the possibility of an energy crisis in the not so far future, the provincial government is now working on new regulation that would push the utilisation […]

That has been the scale of savings crunched by Senate Committee on Energy Chairman Sherwin T. Gatchalian, the principal author of the newly signed Energy Virtual One-Stop Shop (EVOSS) Law, that will then serve as digitally-enabled platform of streamlining approval processes on energy projects. Patently, the law that was signed by President Rodrigo Duterte last […]

BÀ RỊA-VŨNG TÀU — Construction of the Thị Vải liquefied natural gas (LNG) storage facility began in the southern province of Bà Rịa-Vũng Tàu on Monday. Financed by PV Gas, a subsidiary of the national oil and gas group PetroVietnam, the facility will cost an estimated US$285 million in the first phase. Phase one is slated for completion in […]

Although a new pipeline for the Zawtika natural gas field is urgently needed, work on the project is expected to only begin next year due to negotiations over the cost of the project, officials say. The cost for the new pipeline is supposed to come from revenue generated for the Myanmar Oil and Gas Enterprise […]

HCM City (VNA) – The Tam Sinh Nghia Investment Development JSC on October 16 kicked off construction on a waste-to-energy plant with a daily capacity of 2,000 tonnes of waste at the Tay Bac Solid Waste Treatment Complex in Cu Chi district, Ho Chi Minh City. To be built at a cost of 5 trillion VND (216.58 million USD), the […]

A FOUR-DAY Decommissioning and Restoration Workshop, hosted by the Ministry of Energy, Manpower and Industry (MEMI) in collaboration with the British High Commission in Brunei Darussalam for oil and gas industry assets, held at the Prime Minister’s Office (PMO) building, concluded yesterday. Permanent Secretary (Energy) at the MEMI Haji Azhar bin […]  

YANGON—To sustain economic growth, Myanmar needs to invest up to US$2 billion (3.06 trillion kyats) annually in its electricity sector, according to a World Bank report released on Tuesday. In the report, “Myanmar Economic Monitor: Building Reform Momentum”, the World Bank said Myanmar’s economic growth is expected to rise to 6.5 percent in fiscal 2018-19, […]

SINGAPORE – The World Bank Group is anticipating that financing flow in energy projects will be largely dominated by new projects in the liquefied natural gas (LNG) and renewable energy (RE) sectors in the near- to longer-term investment horizons. “LNG will remain to have a lot of space in energy financing as gas demand increases […]

Jakarta (VNA) – The World Bank (WB) has approved a 150 million USD loan for Indonesia to scale up investments in geothermal energy by reducing the risks of early-stage exploration. The loan is accompanied by 127.5 million USD in grants from the Green Climate Fund and the Clean Technology Fund, two institutions supporting climate-friendly development. Geothermal energy is expected […]

YANGON — Myanmar needs to invest twice as much and implement projects three times faster to address its rapidly growing demand for electricity, the World Bank said. The figures presented in its Myanmar Economic Monitor, a biannual report released on Tuesday, indicated that Myanmar’s electricity supply will further deteriorate without a steep increase in investment by […]