Cambodia set for multi-million dollar oil payday in October
Cambodia expects to receive millions of dollars in October in proceeds from the sale of nearly 300,000 barrels of crude oil stolen by the Bahamas-flagged tanker MT Strovolos last year following a payment dispute with the Apsara oil field’s Singaporean developer, KrisEnergy, according to a senior energy official.
Philippines to open door to LNG imports next year with 3 terminals
Three government-approved LNG import terminal projects in the Philippines are expected to begin commercial operations in early 2023, marking the birth of the country’s liquefied natural gas industry, a senior energy official said on Tuesday.
How the EU’s new energy plans impact Southeast Asia
Amid an ongoing energy crisis, European countries have turned to Southeast Asia’s coal and liquefied natural gas (LNG) producers to help offset the collapse of Russian supplies.
Philippines to open door to LNG imports next year with 3 terminals
How the EU’s new energy plans impact Southeast Asia
DoE completes Natural Gas Development Plan
THE Department of Energy (DOE) and the University of the Philippines Statistical Center Research Foundation Inc. (UPSCRFI), through its Gas Policy Development Project (GPDP), have completed the Natural Gas Development Plan (NGDP) that would help guide regulators, policymakers, and investors on the development of the Philippine Downstream Natural Gas Industry (PDNGI).
Thailand, Cambodia maritime border talks resume after hiatus
Thailand and Cambodia have agreed to resume talks on their overlapping claims in waters in the Gulf of Thailand after years of silence, as they look to ease the pain of higher energy costs by developing new oil and gas resources.
Thailand Offers Oil Users More Relief to Tame Inflation Risk
Thailand will extend a tax cut on the nation’s most-used fuel and subsidize electricity bills of some users to shield consumers from higher oil prices amid a forecast that the nation’s sticky inflation may stay above the central bank forecast next year.
