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Jan-Apr 2009

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News and data collection between January - April 2009

PTT may buy gas from Natuna D Alpha

by admin — 2009-04-24 10:33

April 24, 2009: Thailand's biggest energy company, PTT Plc., is in talks with Indonesia to buy gas from the Natuna D Alpha block.

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Exxon, PetroChina Near 2 Million Tons/Year LNG Deal - Source

by admin — 2009-02-21 17:42

February 20, 2009: Exxon Mobil Corp. (XOM) is close to a deal to sell 2 million metric tons of liquefied natural gas a year to PetroChina Co. (PTR) from the Gorgon field offshore Australia, a person familiar with the situation said Friday.

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Expert bodies formed on water sharing, sea boundary issues

by admin — 2009-02-05 19:48

February 6, 2009: The government yesterday formed two high-powered expert committees to work out ways and means to resolve the longstanding maritime boundary demarcation disputes with India and Myanmar and the crucial issue of sharing water of 40 common rivers with India.

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Time to cut back on foreign gas dependence

by admin — 2009-04-08 09:59

April 8, 2009: In the future, Thailand should buy more power from abroad in order to reduce its reliance on imported natural gas to generate electricity, former energy minister Piyasavasti Amaranand said yesterday.

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China, Burma to build cross border gas pipeline

by admin — 2009-03-27 17:28

March 27, 2009: New Delhi, China and Burma on Thursday signed four contracts, which included the construction of a cross border oil and gas pipeline, Burma’s state-run media said.

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Myanmar trade surplus shrinks as gas exports fall

by admin — 2009-01-13 21:22

January 6, 2009: YANGON, Myanmar's trade surplus shrank in the first nine months of last year on lower exports of gas, according to official statistics.

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China and Myanmar seal gas export deal

China and Myanmar seal gas export deal

by admin — 2009-03-27 08:24

March 27, 2009: BEIJING, A Myanmar gas consortium led by South Korea's Daewoo International has signed an agreement to sell natural gas to China, China's Xinhua news agency said on Thursday.

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China planned $10 billion invest fund at failed summit

by admin — 2009-04-12 11:20

April 12, 2009: BEIJING, China had planned to announce a $10 billion (6.8 billion pound) infrastructure investment fund and offer credit to neighbours at a cancelled weekend summit of Asian leaders in Thailand, its foreign minister said.

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Pakistan to benefit from South Asian energy ring

by admin — 2009-02-03 10:44

February 2, 2009: Dhaka, Pakistan and Bangladesh are poised to benefit immensely from Regional Energy Ring (RER) likely to be given go ahead for transnational transmission of gas and power as SAARC Energy Ministers' meeting in Colombo has approved a proposal to this effect.

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Essar group to keep away from listing

Essar group to keep away from listing

by admin — 2009-03-22 05:56

March 22, 2009: Chennai, 21 Essar Steel has been delisted. Essar Oil and Essar Shipping and Logistics will soon be. The Essar group, as a matter of policy, will go private and none of the group companies will be listed on the stock markets, says Mr Shasi Ruia, Chairman, Essar group.

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Myanmar's foreign trade hits over $11 bln in 2008

by admin — 2009-03-22 05:55

March 21, 2009: YANGON, Myanmar's foreign trade volume hit11.492 billion U.S. dollars in 2008, up 17.8 percent from 2007, according to the latest government monthly economic indicators.

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PetroChina Gets Approval for Shenzhen LNG Terminal

by admin — 2009-03-08 18:34

March 8, 2009: PetroChina Co., the nation’s biggest oil producer, has won initial approval from the National Development and Reform Commission to build a liquefied natural gas receiving terminal in Shenzhen, a commission official said.

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The Rationale of SAARC Energy Ring

by admin — 2009-02-07 17:29

February 7, 2009: Bangladeshi and SAARC region print media have let out very encouraging news.

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ASEAN chief: South Korea to contribute $24 bln to foreign reserve pool

by admin — 2009-04-10 18:26

April 10, 2009: Pattaya, Thailand, It has been agreed that South Korea will contribute 24 billion U.S. dollars to the planned regional foreign currency reserve pool, as part of the Chiang Mai Initiative Multilateralization (CMIM) program, ASEAN Secretary-General Surin Pitsuwan said on Friday night.

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Daewoo Clings to Offshore Site Claimed by Burma, Bangladesh

by admin — 2009-04-10 18:27

April 10, 2009: South Korea's Daewoo International says it has obtained permission from Burma’s state-owned Myanmar Oil and Gas Enterprise (MOGE) to extend its exploration of a controversial offshore site at the center of a recent naval confrontation between Burma and Bangladesh.

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Foreign investment in Burma ‘costly for companies’

by admin — 2009-04-29 19:22

April 29, 2009: Foreign investments in Burma’s oil and gas sector pose a risk to companies and lead directly to human rights abuses against civilians, including rape and torture, says a human rights watchdog.

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PTT could buy gas from Indonesia's Natuna D Alpha block

by admin — 2009-04-28 18:03

April 27, 2009: LOS ANGELES, Indonesia is negotiating with Thailand's PTT PLC for the purchase of undisclosed volumes of natural gas from the Natuna D Alpha block, according to a senior government official.

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Will US Oil Companies Return to Burma?

by admin — 2009-02-27 11:00

February 27, 2009: Bangkok, Burma watchers are wondering if US oil and gas developers might return to the country after the Barack Obama government announced it is reviewing its policy towards Burma’s military regime.

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Myanmar to host ASEAN energy meeting in second largest city

by admin — 2009-03-31 07:44

March 30, 2009: Yangon, Myanmar will host the 27th Meeting of Energy Ministers of the Association of Southeast Asian Nations (ASEAN) and Energy Business Forum in the second largest city of Mandalay in July this year, the local Myanmar Times reported Monday, quoting sources close to the Ministry of Energy.

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SAARC 'energy ring' in pipeline

by admin — 2009-02-01 15:49

February 1, 2009: A proposal to establish an 'energy ring' among SAARC nations has been approved at a regional energy ministers meeting in Colombo.

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