Cabinet accepts B200bn in energy schemes
The cabinet on Tuesday acknowledged the Energy Ministry’s plan to accelerate investment in energy projects worth more than 200 billion baht, starting later this year, in a collective move to help reboot the economy. According to Rachada Dhnadirek, deputy government spokeswoman, the Energy Ministry has pledged to rev up spending on large-scale energy projects and renewable […]
Energy minister comes up with plan to spark Thai economy
BANGKOK (The Nation/ANN): Energy Minister Sontirat Sontijirawong has come up with a plan to help mitigate the impact of Covid-19 and plans to propose it to Deputy Prime Minister Wissanu Krea-ngam on Thursday (June 25). Sontirat said this plan will help accelerate investments, such as community power plants to stimulate the grassroots economy, promote the country […]
Sarawak govt steps in to revive 23 delayed Rural Electrification Scheme projects
KUCHING, June 29 — Sarawak Utilities Ministry has stepped in to revive all 23 Rural Electrification Scheme (RES) projects located mainly in the northern region of the state which are significantly behind schedule. Its minister, Datuk Seri Dr Stephen Rundi Utom today said that this move was part of the Sarawak government’s efforts to fulfill its […]
Peninsular Malaysia reportedly among foremost beneficiaries of electricity relief
KUALA LUMPUR (June 28): Peninsular Malaysia is reportedly among the foremost beneficiaries of government measures to overcome the economic downturn due to Covid-19, in particular the highest rebate for electricity bills covering several sectors and all households in Southeast Asia and the world.
Vietnam cuts ethanol import tariffs from 10 July
Vietnam will lower tariffs on ethanol imports to 15pc for all grades from 10 July, though fuel ethanol trade seems unlikely to increase. The change cuts tariffs from 17pc for 100pc pure ethanol and 20pc for 99pc or below for any country that does not have a free trade agreement with Vietnam.
Energy ministry’s budget cut by a third to Rp 6.2 trillion
The Energy and Mineral Resources Ministry is cutting back on program funding after its annual budget was slashed by more than a third to Rp 6.2 trillion from Rp 9.7 trillion as the government diverts funds for COVID-19 containment. The largest cut is slated for oil and gas programs at 52 percent, lower than initially planned. This […]
Myanmar enters LNG importing arena
Myanmar has become the newest country to start importing liquefied natural gas (LNG), as the fuel is adopted as the fastest solution to recent power shortage and increased power demand. The Asian nation received its first LNG cargo on June 6. The small-scale, 0.6 billion cubic feet (Bcf) LNG vessel arrived at the industrial port of Thilawa, southwestern Myanmar. […]
Energy ministry expects oil and gas lifting to reach 1.91 million boepd in 2021
The government expects domestic ready-to-use oil and gas production to reach between 1.76 million and 1.91 million barrels of oil equivalent per day (boepd) in 2021, as part of macroeconomic assumptions in next year’s draft state budget.
