Phoenix Petroleum, China partner eye start of LNG terminal in 2023
MANILA, Philippines — The team-up of businessman Dennis Uy’s Phoenix Petroleum Philippines Inc. and China National Offshore Oil Corp. (CNOOC) expects to start operating its liquefied natural gas (LNG) terminal by 2023. This is after their joint venture firm Tanglawan Philippines LNG Inc. was granted by the Department of Energy (DOE) the notice to proceed […]
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 […]
Indonesia to export 185 LNG cargoes from Tangguh, Bontang in 2019 -regulator
JAKARTA, Jan 16 (Reuters) – * Indonesia plans to export 185 cargoes of liquefied natural gas (LNG) from Tangguh and Bontang LNG plants in 2019, below the 203 cargoes the two plants exported in 2018, upstream oil and gas regulator (SKKMigas) officials said * Bontang is expected to export 93 cargoes of LNG in 2019 […]
Indonesia oil giant mulls $1-billion LNG project in Philippines
MANILA, Philippines — Indonesia’s second biggest crude oil producer, PT Pertamina, is looking to invest $1 billion for the development of liquefied natural gas (LNG) in the Philippines through a regasification hub project, the Department of Trade and Industry (DTI) said yesterday. Trade Secretary Ramon Lopez said PT Pertamina has expressed interest to do business […]
ExxonMobil proceeds with offshore gas project in Vietnam
The venture has awarded an onshore-offshore front end engineering design (FEED) contract for Italian oilfield services provider Saipem for a proposed integrated natural gas-to-power development which treats gas from Ca Voi Xanh (Blue Whale) – Vietnam’s largest gas field, discovered in 2011. The proposed project consists of an offshore platform, a pipeline to transport the […]
Russia’s Novatek may invest in Kingdom’s LNG
Russia’s largest natural gas producer, Pao Novatek Co, has expressed interest in investing in Cambodia’s Liquefied Natural Gas (LNG), especially in the areas of supply, storage station construction and conversion. Ministry of Mines and Energy secretary of state Dith Tina welcomed the news and advised the company to research social, economic and technical possibilities, as […]
Thailand’s domestic gas production declines amidst changes in energy mix
Thailand’s increasing gas demand will likely be met via imports as domestic production slows and the government ramps up its efforts to diversify its power sector and move away from an over reliance on gas production, according to a report by Fitch Solutions. The government’s oil and gas arm PTT outbid the likes of Chevron […]
Gas Production In Thailand Drops As Country Experiments With Alternative Sources
In a bid to combat climate change, almost every nation in the world has been quite busy looking for alternative energy sources. One such country is Thailand which, for the past couple of years, have been pushing its effort to diversify its power sector. Despite the good intention behind this strategy, it has caused Thailand’s […]
Investors to be invited to boost LPG, CNG businesses
Investors will be invited to boost gas exploration as well as LPG and CNG businesses, said Union Minister Win Khaing for Electricity and Energy. He said investment in such businesses would help improve Myanmar’s electricity sector. “To improve the electricity sector, we will invite investors to cooperate with us in exploring gas and developing LPG […]
BGC marks 21 years of delivering Brunei LNG
BRUNEI Gas Carriers Sdn Bhd (BGC) was established in 1998 as a joint venture between the Brunei government, Shell Gas BV and Diamond Gas Carriers BV. This year, BGC celebrates its 21st anniversary. BGC has been and continues to be a vital force in contributing to the nation’s wealth, with liquefied natural gas (LNG) as […]