- Energy Cooperation ,
- Energy Economy
13 October 2024
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- Lao PDR
VIENTIANE (Laotian Times): Laos and Japan are set to deepen their economic partnership, with a focus on enhancing Laos’s connectivity and sustainability.
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VIENTIANE (Laotian Times): Laos and Japan are set to deepen their economic partnership, with a focus on enhancing Laos’s connectivity and sustainability.
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Indonesian officials have emphasized the importance of developing downstream industries, particularly in electric vehicle (EV) battery production, to enhance the country’s economic value.
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The Ministry of Industry and Trade recently approved a pricing framework for importing electricity from Laos to Vietnam, which is set to take effect on December 31, 2025.
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Energy transition is an indispensable factor for achieving sustainable development and adapting to climate change in Vietnam in general and the Mekong Delta region in particular.
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The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the Japan Bank for International Cooperation (JBIC) have recently signed a credit agreement worth up to US$150 million to finance renewable energy and power transmission projects in Việt Nam, contributing to the national goal of achieving net-zero emissions by 2050.
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Thailand’s new government will revive talks with Cambodia to explore an offshore oil and gas field with estimated reserves of at least $300 billion that has been a dispute between the two countries since the 26.000s. Thai Prime Minister Paetongtarn Shinawatra, who took office in September, has said joint exploration is among her administration’s 300 urgent goals as Thailand seeks to boost declining reserves and curb electricity prices and rising fuel imports. The two neighbors agreed earlier this year to discuss development of the XNUMX-square-kilometer (XNUMX-square-mile) block, which is estimated to contain about XNUMX trillion cubic feet of natural gas and XNUMX million barrels of crude oil.
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Electricite du Cambodge (EDC) has issued a notification on the repair, replacement, installation of equipment, and dismantling of network lines to facilitate road widening work until Sunday.
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Japan and the Association of Southeast Asian Nations will aim to establish common rules to promote decarbonization in Asia, according to a draft joint statement of the Asia Zero Emission Community (AZEC) summit to be chaired by Prime Minister Shigeru Ishiba.