Myanmar’s Supply Chains Break Down Amid Fuel Shortages
Amid serious fuel shortages and price hikes across Myanmar, businesses say they will soon halt operations unless availability improves.
DOE sets ‘corrective policies’ to lure fresh oil exploration investments
The Department of Energy (DOE) will re-take “baby steps” and will push for “corrective policies” to entice fresh capital flow in the country’s upstream oil and gas sector, especially in areas not encumbered by territorial disputes.
THAI GAS OUTPUT TO REMAIN ON A DOWNWARD TREND: FITCH SOLUTIONS
Thailand’s natural gas production is forecast to remain on a downtrend over the next decade owing to continuous output declines at the Erawan gas field, in the Gulf of Thailand, Fitch Solutions said in a report on August 8. This will leave little choice but for the country to become more dependent on costlier imports.
Concerned Philippine citizens: No to gas-field ownership transfer
Several concerned Filipino citizens, including those living abroad, are opposed to a proposed deal that will transfer the ownership of the Malampaya gas field to a company whose owner is a known supporter of the new Philippine president, Ferdinand R. Marcos Jr.
Excelerate and Topline Energy working on Philippines’ LNG hub
U.S.-based LNG specialist Excelerate Energy and Philippines company Topline Energy are collaborating on the Luzon LNG Terminal project that will bring an LNG hub to Cebu.
Qatargas sends first LNG cargo to Thailand terminal
The LNG producing unit of QatarEnergy, Qatargas, has supplied the first LNG cargo to Thailand’s Map Ta Phut LMPT2 LNG terminal.
Cambodia’s oil products import up 25 pct in H1
PHNOM PENH, Aug. 2 (Xinhua) — Cambodia imported oil products worth 1.91 billion U.S. dollars in the first half of 2022, up 25 percent from 1.52 billion dollars over the same period last year, according to a report from the General Department of Customs and Excise.
Myanmar Pipeline Leak Disrupts Gas Delivery to Thailand
Onshore natural gas delivery from Myanmar to Thailand has been suspended after a leak in the pipeline was discovered in Dawei on the Myanmar side on Monday. Thailand’s PTT Exploration and Production Public Company Limited (PTTEP), which jointly drills and delivers gas under the project, confirmed the leakage and temporary suspension in a statement.
