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Energy in Asia

  • Regional energy cooperation in spotlight

    AZERBAIJAN, 2013/06/12 A drive is gathering pace in Brunei Darussalam to increase regional cooperation on energy provision as part of a broader bid by Asia’s oil producers to meet rising request from nearby fast-growing economies. Brunei Darussalam is one of only three nations in “developing Asia”, alongside Kazakhstan and Azerbaijan, estimate still to be energy-self-sufficient in 2035, according to a statement published in April by the Asian Development Bank (ADB). The ADB analysis was based on a country’s projected primary energy mix until 2035, taking into account key factors such as the amount of coal needed to generate electricity, current indigenous reserves of fossil fuel and projected consumption in the interim years.

  • Malaysia's global hydropower meeting to commence in midst of controversy

    MALAYSIA, 2013/06/11 The world hydroelectric industry's decision to meet in a Malaysian national where dams have uprooted rainforests and native peoples is drawing bitter fire from environmental and tribal groups. The International Hydropower Association's (IHA) four-day biennial conference to push “sustainable hydropower” opens Tuesday in Kuching, the languid capital of Sarawak national on Borneo island, and a highly contentious choice.

  • Kazakhstan joins World Energy Council's summit in China

    KAZAKHSTAN, 2013/05/23 A Kazakh delegation from KazEnergy Association is attending the International Summit of the World Energy Council (WEC), which started in Beijing on Wednesday.  KazEnergy Association Deputy Chairman Jambulat Sarsenov said the Kazakh delegation will present its vision on the Strategy of transition to the green economy.

  • China’s second major hydropower plant

    CHINA, 2013/03/12 China’s second major hydropower plant by planned installed capacity will enter into operation in June, plant operator China Three Gorges Corp.

  • Kyrgyzstan ratifies agreement with Russia on construction of Kambarata HHP-1

    KYRGYZSTAN, 2013/01/25 Kyrgyzstan ratifies agreement with Russia on construction of Kambarata HHP-1.According to the statement, Kyrgyz Jogorku Kenesh has approved the draft law "On ratification of the agreement part the Government of Kyrgyzstan and the Government of the Russian Federation on construction and operation of Upper Naryn cascade of the hydropower plants" and the agreement between Kyrgyzstan and Russia on construction and operation of the Kambarata HPP-1, signed on in Bishkek September 20, 2012."

  • The Ministry of Electric Power

    MYANMAR, 2013/01/18 The Ministry of Electric Power is set to compensate for an estimated K368.952 billion (US$430 million) loss in the 2013-2014 fiscal year by increasing the price of electricity and natural gas, senior representatives of Myanmar Electric Power Enterprises (MEPE) announced last week.

  • Bangladesh hikes electricity prices by 15 pct

    BANGLADESH, 2013/01/01 Bangladesh's energy regulator BERC has approved increases in electricity prices for retail consumers by an average of 15 % effective from this month to cut the losses of the national-run power generating firm, it said on Thursday. It as well increased bulk power price by 16.92 %. The new power tariff is effective from September 1, BERC chairman Syed Yusuf Hossain, announced at a news conference.

  • Global energy industry to face transformational game changers in 2013

    EUROPE, 2013/01/01 The world energy industry is witnessing the majority disruptive shake-up since a wave of takeovers in the late 1990s created the super-majors ExxonMobil, Total and BP as a series of game-changers look set to alter the landscape in 2013, a group of energy CEOs said.

  • OECD energy demand flattens through 2040

    EUROPE, 2013/01/01 Non OECD request rises by 60 % as energy efficiency improves in amount regions The world's economies will continue to grow, but at varying rates. ExxonMobil sees OECD economies expanding by about 2 % a year on average through 2040, as the United States, European nations and others gradually recover and return to sustained increase. Non OECD economies will grow much faster, at almost 4.5 % a year.

  • China's gas demand to rise to 350 Bcm by 2020

    CHINA, 2013/01/01 China's annual gas request is expected to rise to 350 billion cubic meters (33.8 Bcf/d) by 2020 and 550 Bcm by 2030 from 130 Bcm in 2011, a top official with national-owned China National Petroleum Corporation said Thursday. Speaking at the World Gas Conference in Kuala Lumpur, Malaysia, Zhou Jiping, CNPC's president, said that China may surpass Russia to become the world's second major gas consumer by 2030.
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