TNB: Prorate method ensures users will not be overcharged
KUALA LUMPUR, May 28 — Tenaga Nasional Bhd (TNB) has clarified that the prorated method used in adjusting electricity bills during the implementation of the movement control order (MCO) will not cause consumers to be overcharged. Chief Retail Officer Megat Jalaluddin Megat Hassan said the prorate method used by TNB was reviewed and approved by the […]
DOE issues COVID-19 response protocol for energy sector
Department of Energy (Doe) Secretary Alfonso Cusi has signed the Administrative Order (Ao2020-05-0001), which provides the Response Protocol for the Coronavirus Disease 2019 (Covid-19). “It is imperative for the energy industry to observe a strict COVID-19 response protocol. Protecting the occupational health and safety of our employees is central to the unimpeded delivery of energy goods […]
11 companies sign deals to buy gas at lower prices
Eleven companies have signed agreements with gas producers to buy cheap natural gas as part of the government’s incentive to boost Indonesia’s economic growth. Four manufacturers and seven gas distributors will, respectively, purchase gas at US$6 per million British thermal unit (mmbtu) and $4 per mmbtu directly from oil and gas fields. The distributors will […]
Renewable energy museum, national park planned for Kampot
The government plans to build a Renewable Energy Museum and the Samdech Hun Sen National Park in Kampot to attract more tourists to the province, which is the second coastal area after Preah Sihanouk province. Kampot provincial governor Cheav Tay told The Post on Monday that the plan to construct the museum and park is in […]
Cambodia plans electricity price cut to revive economy
Phnom Penh (VNA) – The Cambodian government has issued a plan on reducing electricity tariffs for firms in four key sectors – manufacturing, agriculture, commercial and service – for five months to beef up the economy plagued by the COVID-19 pandemic. Accordingly, starting from June, electricity bills are expected to be reduced by 25 percent based on previous averages from […]
Indonesian govt plans $8.6 bln coronavirus bailout for state firms
JAKARTA, May 17 (Reuters) – Indonesia is planning an $8.6 billion bailout for 12 state-owned firms, to reduce the impact of the coronavirus pandemic, mostly as cash compensation and working capital investments, according to government documents reviewed by Reuters.
Thai-Cambodian talks on disputed oil fields expected to resume
PHNOM PENH: Negotiations on oil and gas development in the long-contested overlapping claims in the Gulf of Thailand between Cambodia and Thailand will resume soon after the viral pandemic ends, according to a Cambodian Ministry of Mines and Energy official. Cheap Sour, the director-general of the General Department of Petroleum, said the countries had not […]
House approves revised Mining Law amid outcry
As the country grapples with the COVID-19 crisis, lawmakers have approved a controversial revision of the 2009 Coal and Mineral Mining Law, despite outcry from civil society organizations. The new law, aimed at developing Indonesia’s downstream mining industry and increasing economic growth, will allow miners to extend permits through a simpler and centralized bureaucratic process.
