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  • Energy Cooperation
  • Oil & Gas
8 December 2018

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  • Malaysia

KUALA LUMPUR, Dec 8 (Reuters) – Malaysia will extend its oil production cuts by another six months after the agreement between OPEC and other oil producers to reduce global supply ends this year.

OPEC and non-OPEC producers agreed at a meeting in Vienna on Friday to a new level of production cuts from January to June 2019, setting it at 1.2 million barrels per day from the current rate of 1.8 million barrels per day.

“Malaysia has agreed to continue its voluntary commitment by reducing its total oil output by 15,000 barrels per day,” Azmin Ali, minister of economic affairs, said in a statement on Saturday.

Malaysia is not an OPEC member. In 2016, via its state-owned oil company Petroliam Nasional Berhad, Malaysia announced that it would cut oil output by 20,000 barrels per day as part of its commitment to reduce supply following an agreement between the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers.

The initial agreement, led by Russia, was later extended for another year till the end of 2018.

“Even though we are a small oil producing country, Malaysia stands in solidarity with oil producing countries in pursuing the strategic objective of achieving global market stability in the interest of all oil producers and consumers,” Azmin said. (Reporting by Joseph Sipalan; Editing by Richard Borsuk)

  • Renewables
7 December 2018

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  • Malaysia

Kuala Lumpur: Tenaga Nasional Bhd’s (TNB) Large Scale Solar (LSS) project in Mukim Tanjung 12, Sepang was fully operational on Nov 23.

The project is the largest solar farm in Malaysia, spanning on a 98-hectare site and uses 230,000 solar panels to generate 50 MW of renewable energy (RE) to the national power grid.

In a statement Wednesday, TNB said the solar farm had increased its renewable energy generation capacity to 73.2 MW, in line with the government’s aim to empower more environmentally-friend power generation.

“TNB is committed to supporting this aim and targeting to generate 1,700 MW of RE by 2025,” it said.

TNB said the LSS project achieved the initial operation date in October with the generation of 2.4 MW of power which was also seen as contributing to the government’s effort towards the target to 20 per cent RE power generation by 2030. – Bernama

  • Renewables
7 December 2018

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  • Malaysia

It will start with 10 villages next year by working with the state’s renewable energy champion, Tonibung.

State Rural Development Minister Datuk Ewon Benedick (pic) said although this plan had yet to be approved, the Government is moving toward the direction with initial discussions already held.

“Basically, we have agreed, in principle, that some of the rural electrification project funds should be spent on installing a micro-hydro system in villages which are too far from the grid.

“This is seen as a cost effective solution to provide energy access to remote communities for to connect them to the grid will be very expensive,” he said, after attending a briefing by Shell on its access to energy programme in Penampang.

Ewon said Tonibung is deemed an ideal partner considering its vast experience and proven expertise providing access to clean energy for rural communities.

“We’re still trying to find a mechanism on how to work with them,” he said.

He added that another round of discussions will be conducted with regard to the selection of the villages for the project which would be funded by the Federal Government.

Meanwhile, Sabah Shell Petroleum Company Ltd (SSPC) has signed an agreement with Tonibung and Pacos Trust, for a provision of RM300,000 that will go towards providing sustainable energy solutions for the villages of Buayan and Tiku in the Penampang, which will take place in 2019.

This is the second initiative of such, following the successful development of a micro-hydro power generation for Kg Sabibingkol in the district of Pensiangan which was implemented last year by SSPC with its partnership with Tonibung.

As of November 2018, the infrastructure has been fully commissioned and all 42 households in Sabibingkol are now receiving sustainable energy to their homes through a combination of solar and hydro power generated electricity. This has assisted the villagers tremendously in providing them lighting and in the usage of domestic electrical appliances.

“This initiative has not only provided sustainable electricity to the village but will also enable villagers to increase their incomes and improve their livelihood by leveraging on their resources. This option was not available before due to the inconsistency of electricity supply,” said Prithipal Singh, General Manager of SSPC.

Much like their counterparts in Sabibingkol, the villagers of Kg Buayan and Kg Tiku continue to live without electricity supply that comes from the grid.Through this partnership, a solution to install a new micro hydro-turbine, in addition to the existing two, in between the two villages was suggested.

This addition will generate a total of 38.8kw of electricity, double of what was initially available, to meet the energy requirements of about 70 households across both villages. It will also enable the ability to load shed excess electricity when the usage in either one of the villages is lower.

“With the success of the team’s efforts in Sabibingkol, it is apparent to us that our Access to Energy (A2E) programme is replicable and scalable to fit the needs of other communities that are not yet connected to the national grid. As such, we have committed RM300,000 a year up to 2020, to do the necessary to help communities located in remote areas to have access to affordable and sustainable electricity supplies,” he added.

The work for the new micro hydro turbine is expected to commence in January 2019.

Beyond the involvement of SSPC Tonibung and PACOS Trust, the work will also include the efforts from the villagers of both villages and Shell employees who will be volunteering to work on this initiative. – Leonard Alaza

  • Oil & Gas
7 December 2018

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  • Singapore

GLENCORE’S head of oil in Singapore Quek Chin Thean has become the new director of the company’s liquefied natural gas (LNG) division after veteran Mark Catton retired at the end of October, sources familiar with the matter said.

The move comes as the commodities trader and miner shakes up its leadership, making way for a younger generation. Another long-time employee, head of copper marketing Telis Mistakidis, is retiring this year and chief executive Ivan Glasenberg said he wants to retire by the time he is 65.

Maxim Kolupaev was formally made head of crude oil a few months ago under global head of oil and gas Alex Beard. Mr Kolupaev took up the position after former crude oil head Louis Alvarez retired in 2015.

Glencore is one of the world’s biggest oil traders with volumes of around 4.6 million barrels per day, according to its 2018 first-half results.

Mr Catton was at Glencore for nearly 30 years and headed up the company’s Singapore operations for 18 years. In 2015, he moved back to London to revamp the company’s LNG business.

Mr Quek, an ex-Goldman Sachs and BP trader, took over from Mr Catton in Singapore and has added LNG to his responsibilities.

Nathan Arentz from the gas trading division will be leading the LNG trading team out of London.

A spokesman for Glencore confirmed the moves.

Major global trading firms, like Glencore rivals Vitol, Gunvor and Trafigura, have dived into the LNG market where they see new opportunities for spot trade and in the fastest growing consumers like China, India and Pakistan.

Glencore first entered the LNG market in 2013 when it poached Morgan Stanley’s team that progressively left.

Mr Catton rebuilt the team, including bringing in two LNG traders from Noble Group in 2016.

LNG is part of Glencore’s energy portfolio, but represents a fraction of its overall business. The company does not disclose its traded LNG volumes. REUTERS

  • Renewables
7 December 2018

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  • Cambodia

Total Cambodge, a subsidiary of France-based petroleum firm Total Group, has moved into the solar sector, aiming to provide sustainable energy solutions to Cambodian companies.

The result is Total Solar, a business which is now being registered with the Ministry of Commerce, after the group submitted an application last year.

“If we look at the energy sector in Cambodia, there is huge demand for solar energy. This, coupled with global trends that favour green and clean energy, made us decide to go down this road,” Mam Samath, vice president of operations of Total Cambodge, said on Tuesday.

Total Solar will provide solar energy solutions to large scale industrial projects and commercial firms, Mr Samath said, adding that the company has conducted feasibility studies for projects with several factories in the Kingdom and is already working on a 5-megawatt installation for an undisclosed company.

“More recently, we carried out studies together with the European Union that have shown that solar energy investments yield significant benefits to users and to the environment,” he said.

However, Total Solar has no plans yet to invest on installations that feed power to the national grid, Mr Samath clarified.

George Edgar, EU Ambassador to Cambodia, praised Total’s initiative.

“It is an important achievement that a European company has ambitions in sustainable development and solar energy, which saves costs and helps reduce carbon dioxide emissions,” Mr Edgar said.

To reduce costs, Total Cambodge is now installing photovoltaic panels on the roofs of its gas stations in the capital, as well as some locations outside Phnom Penh, Mr Samath added.

In August, a $12.5-million, 10-megawatt solar farm in Svey Rieng province’s Bavet city – the country’s first solar power plant – came into service, selling energy to the national grid under a 20-year power purchase agreement.

Since then, feasibility studies have been conducted for several solar farms projects in the country, with at least one gaining government approval.

  • Others
7 December 2018

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  • Thailand

Edaran Tan Chong Motor (ETCM) is previewing the new Nissan Leaf at the Kuala Lumpur International Motor Show (KLIMS). The premiere of the second-generation electric vehicle here falls in line with that mentioned earlier this year, when it was stated that the car was due to get its first public showing at the event.

The timeline for its Malaysian launch, however, has been revised – the car remains on course for a market debut here, but this has now been moved to sometime in the middle of 2019. Again, pricing has not been revealed, and so it remains to be seen how much it will go for when it arrives.

We had reported that the Leaf would have to be locally assembled in order to qualify for incentives under the current Energy Efficient Vehicle (EEV) scheme, and so going the CBU route will make the car a pricey proposition. Hopefully, the upcoming NAP review will offer a more positive outlook for electric vehicles, CBU or otherwise.

Measuring in at 4,480 mm long, 1,790 mm wide and 1,540 mm tall, the new Leaf features significant gains in performance and range over the first-gen model, with the car’s EM57 electric motor now producing 38% more power and 26% more torque at 110 kW (148 hp) and 320 Nm respectively.

A 40 kWh lithium-ion battery increases the operating range to around 400 km (378 km on a NEDC test cycle) from the 195 km – and later, 250 km – of the original.

In terms of charging, the automaker quotes eight hours for a full charge drawing current from a six kW source, and double that time from a three kW source. There’s also quick charging, with up to 80% fill in 40 minutes via the CHAdeMO charging socket. The max AC charge rate is 6.6 kW, or 50 kW with DC quick charge.

Tech novelties include ProPILOT single-lane autonomous driving tech, which can automatically control the distance of the car to the vehicle in front using a speed preset by the driver (between 30 km/h and 100 km/h), while steering and keeping itself centered in its lane. It also does braking to a complete stop and resuming movement too, much like the low-speed follow function in Honda’s Sensing suite.

Aside from ProPILOT park, there’s also e-Pedal, which provides the simplicity of starting, accelerating, decelerating, stopping and holding the car in position by using the accelerator pedal alone.

The Leaf is equipped with six airbags (front, side and curtain) and a Nissan Safety Shield system, which includes intelligent lane intervention, lane departure warning, intelligent emergency braking, blind spot warning, traffic sign recognition, rear cross traffic alert, intelligent around view monitor and emergency assist for pedal misapplication.

  • Renewables
7 December 2018

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  • Myanmar

SolarHome, a Singapore-based company that brings pay-as-you-go solar solutions into off-grid households in Southeast Asia, has received US$10 million in debt funding from a consortium of international investors, including Crowdcredit, a cross-border crowdfunding platform based in Japan, and Trine, a Sweden-based crowdfunding platform for off-grid solar.

This follows a US$4.2 million in convertible note funding raised in 2018 from international investors, including Trirec, Insitor Impact Asia, Beenext, and a group of Singapore-based family offices.

The new funds will enable SolarHome, which claims to have installed close to 28,000 solar home systems, to accelerate expansion across Myanmar. The company aims to reach 100,000 homes with its product packages that include budget, basic and premium solar system bundles for lighting and phone charging purposes, as well as TV bundles.

“The new funding will enable us to accelerate our growth in 2019 and bring clean energy to hundreds of thousands of off-grid households in Myanmar,” said Ted Martynov, CEO and Co-founder of SolarHome.

Founded by FORUM, a Singapore-based fintech venture builder, SolarHome offers off-grid households a solar lighting system at a low-cost 24-month subscription plan, with an initial US$10 down payment, followed by daily, weekly, or monthly repayments through scratch cards or mobile money. Technology built into the system ensures that it won’t function if a payment is not made, giving lenders the confidence that they will be able to recover their investment.

In the last quarter, the company added three new premium products, with an aim to impact the overall livelihoods and financial inclusion of those living off-grid in rural Myanmar.

  • Others
7 December 2018

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  • Philippines

MANILA — Taiwanese motorcycle maker Kymco said Tuesday it hoped the government would back its electric scooter foray in the country to help cut air pollution.

The Philippines has huge potential for electric scooters, given the government’s pro-environment programs, even if electricity in the country is expensive, said Kymco Philippines President Frank Yang.

Kymco has reached out to possible supply chain partners, including gas station, for its battery charging stations and battery exchange centers, he said.

The Taiwanese firm is eyeing a 5-percent market share for electric scooters in 10 years and a proposal to build a $12 million to $18 million facility in Batangas is being studied.

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