India’s state-run oil company, Bharat Petroleum Corporation (BPCL), will off-take 1 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from the Mozambique LNG project, Kallanish Energy learns. BPCL’s financial director Neelakantapillai Vijayagopal told the media after a conference call this week that the company has signed a 15-year supply contract with the African project. … Read more
Myanmar has become the newest country to start importing liquefied natural gas (LNG), as the fuel is adopted as the fastest solution to recent power shortage and increased power demand. The Asian nation received its first LNG cargo on June 6. The small-scale, 0.6 billion cubic feet (Bcf) LNG vessel arrived at the industrial port of … Read more
India is investing over $60 billion in natural gas supply and distribution infrastructure as it seeks to more than double the share of natural gas in its energy base, to 15% by 2030, oil minister Dharmendra Pradhan said Sunday. Natural gas currently constitutes 6.2% of all energy consumption in the country, Hindu … Read more
Tree clearing is under way at the site of a proposed ethane cracker plant in eastern Ohio, even though a final investment decision is still pending by PTT Global Chemical America and its partner, Daelim. The companies last week announced they have hired a local firm to clear 140 acres in Belmont … Read more
The Philippines’ energy ministry has approved the bid from local fuel retailer Phoenix Petroleum and China’s CNOOC to build the country’s first liquefied natural gas (LNG) import terminal. The $2 billion regasification and imports terminal will be built south of the capital of Manila, featuring a capacity to handle 2.2 million tonnes per … Read more
The state-backed Japan Atomic Energy Agency (Jaea) said last week it would have to spend roughly 1.9 trillion yen ($17.1 billion) to close 79 facilities over 70 years. Total costs could increase further, as the agency said the estimated figure, which would be paid by taxpayers, excludes expenses for maintenance and replacing … Read more
The Trump administration is preventing the Iran-Pakistan natural gas pipeline to be completed, Iran’s parliament speaker, Ari Larijani, said this week following a meeting with Pakistani officials in Turkey, Kallanish Energy reports. The 1,724-mile gas pipeline, designed to supply South Pars gas to Pakistan, has previously stalled amid pressure from the U.S. … Read more
The state-run Bangladesh Power Development Board (BPDB) has signed a joint-venture agreement with China Huadian Hong Kong Company Ltd. to build a 1,320-megawatt coal-fired power plant in Bangladesh. The JV expects within a month to begin construction on the $2 billion power plant project at Moheshkhali Island in Cox’s Bazar district, 415 … Read more
The two nuclear reactors under construction at the Taishan nuclear power plant in China’s Guangdong Province will not come online until the second half of 2017 and the first half of 2018 — some six months later than originally scheduled. Taishan 1 and 2 are the first two reactors based on French firm Areva’s EPR design … Read more
China’s State Council on Wednesday approved the construction of two more nuclear units at each of the Tianwan and Fangchenggang nuclear power plant sites, World Nuclear News reported. The council gave its approval for units 5 and 6 of the Tianwan nuclear power plant in Jiangsu Province. Capacity for each unit will be 1,080 megawatts … Read more
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