Vietnam PTSC, US Excelerate Energy to cooperate in LNG imports into Vietnam
PTSC, the technical arm of state-owned Petrovietnam, and Texas-based liquefied natural gas (LNG) importer Excelerate Energy, will jointly study solutions for LNG imports into Vietnam.
Draft seeks to better regulate fuel prices
A draft law to empower energy authorities to better regulate domestic oil and cooking gas prices is progressing towards parliament for approval, which could be a key energy policy under the nascent Paetongtarn Shinawatra regime.
Cambodia sees fuel price decline
Cambodia has recorded a drop in the retail prices of gasoline and diesel over the last 30 days, the Ministry of Commerce said on Wednesday.
New energy law to allow for monthly oil price adjustment only
The Energy Ministry is drafting a new Energy Act that will put an end to basing domestic energy prices on global prices and allow any adjustments to oil prices just once a month.
Negotiations Continue On Sarawak’s Natural Gas Distribution, Says Petronas
Petroliam Nasional Bhd (Petronas) has reiterated that it is still in discussions with both Sarawak and the federal goverment, as well as Petroleum Sarawak Bhd (Petros), toward achieving mutual resolution regarding the distribution of natural gas.
Central Vietnam province calls for investment in $2.4 bln LNG-fired power plant
Nghe An will organize a meeting this Friday with potential investors for the $2.4-billion Quynh Lap LNG-fired power plant in the central Vietnam province, its Department of Industry and Trade has announced.
Indonesia awards Central Andaman, Amanah, Melati oil and gas blocks
Indonesia awarded three oil and gas blocks on Tuesday out of five blocks offered in the first round of auctions this year, the energy ministry said in a statement.
LNG tankers line up at Malaysia’s Bintulu complex after maintenance
A backlog of liquefied natural gas (LNG) tankers is waiting to load at Malaysia’s Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.
