Vietnam includes LNG project in its energy plan
The government of Vietnam has approved inclusion of a proposed 3,200-megawatt liquefied natural gas-fired power plant as part of the country’s national power plan, Kallanish Energy reports. Singapore-based Delta Offshore Energy said it will, along with its partners, begin a full-scale feasibility study of the Vietnam project that includes an offshore LNG import facility and an onshore […]
Mee Laung Gyaing LNG project to commence construction soon
Construction of a power generation project in Mee Laung Gyaing, Ayeyarwady Region will take place after a power purchase agreement is signed within the first three months of the year. Zhefu Holding Group of China and local firm Supreme Trading Co will invest US$2.57 billion to build the plant. It will be powered by liquefied […]
Exploratory drilling begins at onshore block in Magwe
Italian oil and gas company Eni Spa has begun exploratory drilling at the Shwe Nan Htike Well 1, located in the onshore block RSF-5, in Magwe Region, the Ministry of Electricity and Energy (MOEE) announced. The ceremony to begin drilling at the well, located near Aung Myay Kone village, in Magwe, was attended by Deputy […]
Government agency fixes subsidized fuels allocation for 2020
The Downstream Oil and Gas Regulatory Agency (BPH Migas) has fixed next year’s allocation of subsidized fuels at 26.87 million kiloliters (kL), up 3 percent from last year, following a meeting with House of Representatives members last week BPH Migas said in a statement on Monday that next year’s subsidized fuel allocation consisted of diesel […]
Gas Malaysia gets shipping, distribution licences from Energy Commission
KUALA LUMPUR (Dec 27): Gas Malaysia Bhd said its wholly-owned units have received the nod from the Energy Commission to provide services pursuant to the implementation of third-party access (TPA) of Malaysia’s regasification and gas distribution facilities, beginning next year. The commision has granted a 10-year shipping licence to Gas Malaysia Distribution Sdn Bhd (GMD), […]
Total and Woodside ink deal with Myanmar for offshore gas project
YANGON — French energy company Total and Australia’s Woodside Energy, along with their local partner, have agreed with the government of Myanmar on financial terms for an offshore natural gas project. The A-6 project, an offshore field in the Bay of Bengal off the coast of the southwestern Ayeyarwary region, will be Myanmar’s first ultra-deepwater natural […]
DOE to oil firms: Use up old inventory first before slapping new tax
MANILA, Philippines – The Department of Energy (DOE) reminded oil companies to use up their old inventory first before slapping new taxes in 2020 to avoid facing criminal charges like large-scale estafa. Oil prices will rise again starting January 1, 2020, as the final tranche of the Tax Reform for Acceleration and Inclusion (TRAIN) law […]
Vietnam PM holds phone talk with Russian counterpart, focusing on oil cooperation
The Hanoitimes – PM Nguyen Xuan Phuc said Vietnam will facilitate Russian-invested oil and gas projects. Vietnam’s Prime Minister Nguyen Xuan Phuc on December 24 held a phone talk with his Russian counterpart Dmitry Medvedev to keep a close watch of cooperation activities, according to the Vietnamese Ministry of Foreign Affairs (MOFA).
