State-owned Vietnam Oil and Gas Group (Petrovietnam) and Malaysian state-owned Petroliam Nasional Berhad (Petronas) announced Monday they’ve signed a framework agreement for gas supply, Kallanish Energy reports. Petrovietnam will buy more gas from Petronas and “other Malaysian gas sources,” an official statement reads. The feedstock will be transported to the Ca Mau Gas-Power-Fertilizer Complex, a complex […]

BANGKOK, Feb 22 (Reuters) – Thai energy company PTT Pcl plans to invest up to 354.7 billion baht ($11.3 billion) over the next five years to boost its natural gas portfolio and energy infrastructure, a senior executive said on Friday. PTT plans to invest 167.1 billion baht from 2019 to 2023, of which 44 percent […]

In January Energy World Corporation (EWC) announced it had been given final approval by the Department of Energy (DoE) under their new regulations to build the country’s first LNG import terminal and regasification facility, which is under construction on Pagbilao Grande island in Quezon. The Australia-headquartered company – which also operates in its home market […]

Indonesia has many of the characteristics associated with an immature LNG import market, despite being an established exporter of LNG. As a country it is nominally self-sufficient in natural gas, but with a booming population and 17,000 islands across which to transport LNG, it has had to develop import facilities to compensate for the energy […]

Lopez firm First Gen Corporation can finally proceed with its long-planned liquefied natural gas (LNG) import terminal project that will be sited close to its gas-fed power generating facilities in Batangas. “I’m happy to say that we have signed the NTP (notice to proceed), I signed it today (March 7) – this morning,” Energy Secretary […]

MANILA, Philippines — The team-up of businessman Dennis Uy’s Phoenix Petroleum Philippines Inc. and China National Offshore Oil Corp. (CNOOC) plans to forge a partnership with state-run Philippine National Oil Co. (PNOC) for its liquefied natural gas terminal. In a disclosure to the Philippine Stock Exchange yesterday, Phoenix Petroleum said its officials are in talks […]

Department of Energy Secretary Alfonso Cusi acted as a witness between the signing of Phoenix Petroleum President and Chief Executive Officer Dennis Uy CNOOC G&P Chief Finance Officer and Vice President Wu Zhengxing, and PNOC President and CEO Reuben Lista, stated in a disclosure. Under the MoU, the three firms are allowed to explore and […]

HANOI and SINGAPORE (Bloomberg) — Vietnam’s latest plans for $7.8 billion in gas-fired power projects may see the nation become one of the world’s newest liquefied natural gas importers and cut its coal use. The Ninh Thuan provincial government on Wednesday said it met with Thailand’s Gulf Energy Development over plans to build four gas-fired […]

Anadarko Petroleum Tuesday announced Indonesian state-owned oil and natural gas company Pertamina has signed a deal to buy 1 million tons per year of liquefied natural gas from a Mozambique liquefied natural gas project, Kallanish Energy reports The deal was signed by Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of Mozambique Area 1 […]

Gas industry players believe the country’s transition toward clean energy is dependent on gas’ contribution to the energy mix. The intermittent nature and high cost of renewable energy are considered two major hurdles to phasing out fossil fuels. Hazli Sham Kassim, the International Gas Union (IGU) regional coordinator for South and Southeast Asia, said gas […]