Vietnam approves US$1.56 billion power projects using ExxonMobil-exploited gas
The Hanoitimes – State-run Vietnam Electricity (EVN) will be the investor of the projects which are expected to be kicked off in early 2021. Vietnam’s Prime Minister Nguyen Xuan Phuc has approved the investment plan of two power projects which will use gas from the ExxonMobil-exploited Ca Voi Xanh (Blue Whale) field off the country’s coast. Ca […]
Work on urgently needed gas pipeline might only start next year: official
Although a new pipeline for the Zawtika natural gas field is urgently needed, work on the project is expected to only begin next year due to negotiations over the cost of the project, officials say. The cost for the new pipeline is supposed to come from revenue generated for the Myanmar Oil and Gas Enterprise […]
Decommissioning Challenges Escalating in South East Asia
For many decades now, South East Asia has been an important oil and gas producer, accounting for five percent of current global oil production. But now, age has caught up with oil and gas infrastructure in Myanmar, Thailand, Vietnam, Brunei, Malaysia and Indonesia. In February 2018 the Jakarta Post estimated that over the next decade, around 380 […]
Natural gas to be ‘substantial part’ of Singapore’s energy mix for next 50 years
Fossil fuels will continue to form a “substantial part” of Singapore’s energy mix for the next 50 years, even as it ramps up deployment of solar power and looks at ways to tap regional power grids. Today, 95 per cent of Singapore’s electricity is generated from natural gas and its dominance in the energy mix […]
Carpio: No need for China recognition of PH ownership in joint exploration
MANILA, Philippines – Retired Supreme Court senior associate justice Antonio Carpio disagreed with Vice President Leni Robredo’s demand that the Philippine government must require China to recognize Philippine ownership and sovereign rights over the West Philippine Sea before pursuing a contract for oil and gas exploration. Carpio took this position as he explained that because the oil […]
Over 1,168 megawatts generated from seven gas-fired power plants
YANGON- Seven gas-fired power plants are now generating over 1,168-MW electricity before summer in 2020. Moreover, the plants will be joining the national grid system boosting Myanmar’s power capacity, according to the Ministry of Electricity and Energy. The power plants are 28MW gas-fired power plant in Shwe Taung, Bago Region, 66MW and 20MW gas-fired power […]
Work on LNG storage facility begins in Bà Rịa-Vũng Tàu
BÀ RỊA-VŨNG TÀU — Construction of the Thị Vải liquefied natural gas (LNG) storage facility began in the southern province of Bà Rịa-Vũng Tàu on Monday. Financed by PV Gas, a subsidiary of the national oil and gas group PetroVietnam, the facility will cost an estimated US$285 million in the first phase. Phase one is slated for completion in […]
Philippines pushes 60-40 sharing for oil with China
MANILA, Philippines — The government would pursue a 60-40 sharing scheme with China once talks start anew this month for the exploration of oil in the West Philippine Sea, National Security Adviser Hermogenes Esperon said yesterday. In a press briefing at Malacañang, Esperon said the 60-40 sharing scheme in favor of the Phlippines was “fair” […]
