Malaysia starts LNG bunkering operations; makes first delivery
MALAYSIA, through state oil firm Petronas, has ventured into the liquefied natural gas (LNG) bunkering business, and made its first delivery in the southern state of Johor this week, the country’s marine department said on Tuesday.
Malaysia to cut reliance on petroleum revenues
Malaysia is seeking to reduce its reliance on oil and gas revenues, forecasting a near 25pc fall in total petroleum revenues to 37.8bn ringgit ($9.2bn) next year as the Covid-19 pandemic continues to batter global crude prices.
FSU conversion advances Myanmar LNG-to-power project
Singapore-based ship manager Synergy Group reported the delivery of the floating storage unit (FSU) CNTIC VPower Energy, following its conversion at Sembawang Marine’s Admiralty Yard in Singapore
PNOC eyes increasing stake in Malampaya
MANILA – The Philippine National Oil Company (PNOC) said Tuesday it was studying the possibility of increasing its stake in the Malampaya gas field following Chevron’s divestment of the project.
Liberalising Natural Gas Market: Peninsular Malaysia’s Journey
This is the first instalment of five awareness series on Malaysia’s journey towards liberalising its natural gas market by the Energy Commission (Suruhanjaya Tenaga or ST), a regulatory body responsible of ensuring that the supply of electricity and piped gas to consumers is secure, reliable, safe, and affordable.
DOE certifies P44-B LNG investments
Two liquefied natural gas (LNG) projects, with combined investments of P44 billion, had been issued certifications by the Department of Energy (DOE) as “energy project of national significance” or EPNS that will entitle them to streamlined process of permitting.
Power firm holds off expansion, eyes LNG
Aboitiz Power Corp. said is holding off international expansion plans until 2022 but expressed interest to join the bandwagon of local conglomerates in developing liquefied natural gas (LNG) power projects.
Aboitiz to pursue expansion in 3 ASEAN countries
While it was initially hamstrung by the niggling health crisis, Aboitiz Power Corporation indicated that it will still advance its planned investment expansion in the Southeast Asian region – specifically in Vietnam, Indonesia and Myanmar.
