Myanmar to sell 50% of gas to Thailand, 20% to China this year
Myanmar has expected to sell 50 percent of natural gas produced from offshore projects to Thailand and 20 percent to China while the remaining 30 percent is set for domestic sale, according to the 2020-2021 State budget data.
Egco applies for LNG shipping licence
SET-listed Electricity Generating (Egco) Group has submitted an application for a licence to become the sixth liquefied natural gas (LNG) shipping operator in Thailand, says president Thepparat Theppitak.
Vietnam Jan-Nov crude oil imports up 52.3%, output down 13.5%
HANOI, Nov 29 (Reuters) – Vietnam’s crude oil imports in the first 11 months of this year rose 52.3% from a year earlier to 10.82 million tonnes, government data released on Sunday showed.
Malaysia’s Petronas warns of challenging fourth quarter amid volatile oil prices
KUALA LUMPUR (Reuters) – Malaysian state-owned energy giant Petronas swung to a third-quarter loss on Friday and warned the remainder of the year would remain tough due to prolonged low oil prices and demand hampered by coronavirus restrictions.
Petronas posts nine-months loss
Malaysian energy giant Petronas posted a loss for the nine months of 2020.
Korean refiners to lose edge in Vietnam gasoline market
Vietnam, a typical destination for South Korean gasoline, could look towards Southeast Asia as a gasoline supply source in 2021 as Vietnam adjusts its import tax structure, said market participants.
PetroVietnam says annual output unaffected by COVID-19 pandemic
HANOI, Nov 25 (Reuters) – Vietnam’s state oil firm PetroVietnam said on Wednesday it was on track to meet its targeted rate of production this year, despite the impact of the coronavirus pandemic and the fall in global crude oil prices.
Indonesia’s coal gasification programme needs subsidy -experts
JAKARTA, Nov 25 (Reuters) – Indonesia would need to subsidise the coal-derived substitute that it has hung its hopes on to reduce its import bill for liquefied petroleum gas (LPG), industry experts told Asia’s biggest coal industry event said on Wednesday.
