Flaring solar investment ruptures infrastructure in 2019
To capitalize on incentives, investors racing to complete solar power plants before June-end caused the national power grid to overload. Thanh, the owner of an energy firm in Hanoi with previous experience in hydroelectric investment, spoke of his confidence when putting money toward a solar power plant in late 2018, which was promptly licensed and […]
Deputy PM talks with WB guests about power development
NDO/VNA – Deputy Prime Minister Trinh Dinh Dung hosted a reception in Hanoi on December 20 for Regional Director of the World Bank (WB)’s Infrastructure Department in the East Asia and Pacific Region Ranjit Lamech and WB Country Director in Vietnam Ousmane Dion. The Deputy PM thanked them for providing active and important support for […]
WB and GIF support Vietnam in Solar Pilot Auction Program
The Governing Council of the Global Infrastructure Facility (GIF) has approved a fund US$ 1.5 million for supporting the World Bank (WB) and the Vietnamese Government to implement the Solar Pilot Auction Program. According to The GIF in coordination with the Energy Department of WB will help Vietnam to design and build the Auction Program […]
Greener and deeper Singapore in the works, with more vibrant CBD
Plans for a greener and deeper Singapore were unveiled by the Urban Redevelopment Authority (URA) at a Draft Master Plan exhibition in March. The plans include a new 50km Greater Rustic Coast running along the northern coast, as well as district-level underground projects. The Master Plan is a statutory land-use plan that guides Singapore’s development […]
Singapore’s Puma Energy to sell Australia fuels business for $396m
Singapore’s Puma Energy, the retail and midstream arm of global commodities trader Trafigura, said yesterday it would sell its Australian commercial and retail fuels business to Chevron Australia for A$425 million (S$396 million). The sale by the company, which is 49 per cent owned by Geneva-based Trafigura, comes amid increasing pressure to rebalance its books […]
Pavilion Energy, Total sign binding deal to develop LNG bunkering in Singapore
[SINGAPORE] Pavilion Energy Singapore and a unit of French oil major Total said on Friday they have signed a 10-year deal to develop a liquefied natural gas (LNG) bunker supply chain in the port of Singapore. The binding agreement between Pavilion, which is owned by Singapore’s Temasek Holdings, and Total Marine Fuels Global Solutions follows […]
Govt pushes 2020 development plan in Laos
VIENTIANE (Vientiane Times/ANN) – The government is holding a special meeting to establish common ground among state agencies about ways to ensure effective implementation of the national development plan for 2020. Prime Minister Thongloun Sisoulith presided over the opening of the two-day open government meeting at the National Convention Centre, which is scheduled to end […]
Expert: Govt needs to develop use of LNG for transport sector
KUALA LUMPUR, Dec 20 — The government needs to take steps to develop the use of liquefied natural gas (LNG) as fuel for the transport sector as it is the cleanest and most suitable fossil fuel in today’s environmentally-friendly era. Subject matter expert, LNG development (bunkering) Mohd Rafe Mohamed Ramli said the use of LNG […]
Sarawak plans Borneo Power Grid
KUCHING: Federal government is seeking to increase Malaysia’s target of renewable energy generation to 20 per cent in the next six years to improve on the energy trilemma of security, reliability and affordability. Regionally, Asean has set out to make 23 per cent of its primary energy renewable by 2025, compared to 9.4 per cent […]
Thailand calls off long-term LNG import plan with Malaysia’s Petronas
BANGKOK, Dec 20 (Reuters) – Thailand has called off a plan for its state-run power producer to import up to 1.5 million tonnes of liquefied natural gas (LNG) per annum from Malaysia’s Petronas, a Thai official said on Friday. Thailand’s National Energy Policy Council (NEPC) changed its mind this week on a decision in 2017 […]