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EXCELERATE ENERGY LP said Wednesday its preparations to build an offshore liquified natural gas (LNG) terminal project in Batangas are nearly complete and that it will seek a permit to start construction “soon” from the government.
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MANILA, Philippines — The country’s last remaining oil refinery is also in danger of closing down, burdened by the heavy cost of operations due to what it describes as the uneven playing field between importers and refiners.
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Amid the tax predicaments raised by Petron on its refining business, the Department of Finance (DOF) indicated that it is not amenable to proposed tweaks in the country’s tax laws as applied to the supply chain of the downstream oil sector.
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At a time when the second wave of coronavirus is decimating the world economy, when the Caucasus is smouldering from the consequences of the Karabakh issue and all the protracted Middle Eastern conflicts are continuing to drag the region into political obsolescence, the last thing we needed was a flareup with regard to the South China Sea. Territorial disputes in China’s maritime underbelly are by no means a novelty – just think of the Paracel and Spratly Islands or the Scarborough shoal, China has managed to have simultaneous arguments with Taiwan, Vietnam, Malaysia, Brunei and the Philippines. Now, however, the initiative is coming from the Philippines, desperate to kickstart their gas production.
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Cleantech Solar has announced the execution of a long-term solar power purchase agreement (PPA) with consumer products manufacturer and distributor Osotspa Public Company Limited for a combined 3 MW solar PV system on Osotspa’s five factories across Thailand.
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The 27 catamarans are forecast to cut approximately 9,500 tonnes of carbon dioxide emissions every year
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BANGKOK — Energy group PTT aims to extend its already wide lead in Thailand’s filling station market with a 30% increase in locations, adding to concerns that the state-owned company is throttling private-sector competition.
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Thailand’s power sector is heavily dependent on fossil fuels with 81% share in the generation mix, meeting the country’s growing power demand. With countries across the world setting timelines for completely shoving coal out of the generation mix, Thailand’s latest Power Development Plan (PDP) has set the expansion plan of gas-based power generation and renewables with a slow phase-out of coal generation to meet the low carbon transition target. The share of non-hydro renewables in the generation mix is set to grow from 15% in 2019 to 22% in 2030 while the gas-based generation is set to expand from 62% to 76% during the same period.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
