October 2012 - Page 4 of 6 - Pimagazine Asia
You Are Here: Home » 2012 » October (Page 4)

Japan’s JX to Buy 60,000 Tons of LNG in Spot Market

JX Nippon Oil & Energy Corp said on Friday it would buy 60,000 tons of liquefied natural gas (LNG) on the spot market, aiming to expand sales in a domestic market shifting away from costlier and more polluting oil. This would be the second attempt by JX Nippon Oil, Japan's top refiner, to buy LNG via a spot contract. Its first purchase was earlier this year, moving into a market dominated by power and g ...

Read more

Australia’s Woodside Joins Daewoo to Explore for Oil in Myanmar

Woodside Petroleum has agreed to explore for oil and gas in Myanmar with South Korea's Daewoo International Corp, giving Australia's biggest oil and gas company a foot in the door in one of the global industry's most promising frontiers. Woodside said on Friday that Daewoo International has agreed to sell it a 40% stake in a production sharing contract in Block AD-7 in the Rakhine Basin, in the western offs ...

Read more

World Bank to Support Development of Hydropower in Nepal

The World Bank will work together with the Japanese government and the International Finance Corporation (IFC) to support Nepal on the development of hydropower sector. “The government of Japan has said it would soon provide US$ 150 million for developing Tanahu Hydropower development project,” said Finance MiniterBarsha Man Pun, who returned from the 67th annual meeting of the International Monetary Fund ( ...

Read more

700MW Hydropower Project Approved by Indian Authorities

Reliance Power has secured the techno economic clearance from the country's Central Electricity Authority for its 700MW Tato II hydro power project in the north-eastern state of Arunachal Pradesh. The company can now proceed with the implementation of the project with immediate effect, reported The Hindu BusinessLine. Estimated to cost INR60bn ($1.1bn) the Tato II project is proposed to be developed in the ...

Read more

Woe for the Vietnamese Hydropower as Dam Breaks

Authorities in the central province of Quang Tri visited a hydropower plant site Saturday after the investor finally admitted that its dam broke a week ago, flooding local fields. Truong Son Hydropower JSC, the project investor, said the accident happened on October 7 while it was experimenting with water storage. It said construction at part of the dam was not finished and torrential rains from typhoon Gae ...

Read more

China Hydroelectric Corporation will Sell 30 MW Yuheng Hydroelectric Power Project

China Hydroelectric Corporation (China Hydroelectric), an owner, developer and operator of small hydroelectric power projects in the People's Republic of China (PRC), today announced the Company has entered into an Share Transfer Agreement to sell its Yuheng hydroelectric power project, a 30MW project located in Fujian province. The total consideration is RMB279.0 million (approx. US$44.3 million), includin ...

Read more

2,400 MW Son La Hydropower Project Fully Operational

All six turbines at Vietnam's 2,400-MW Son La hydropower plant have been connected to the national grid, marking the completion of the nation's largest hydroelectric project.Work on the US$2.5 billion project began in 2005, with the previous five Francis-type turbines being put into service incrementally throughout the construction process. Already, Electricity of Viet Nam (EVN) says the Son La complex has ...

Read more

Siemens Wins Dubai Power Plant and Desalination Facility Maintenance Contract

Siemens Energy Service has been awarded long-term contracts for Dubai Electricity and Water Authority’s (DEWA) newest power station in operation, the Jebel Ali M-Station. The facility is a 2,000 megawatt (MW) combined-cycle power plant and a 140 MIGD (million imperial gallons per day) desalination plant and is located in the United Arab Emirates - Dubai. The power station began commercial operation in 2012 ...

Read more

Australian Government Forced to Slow Water Production

THE Newman Government in Australia cannot find any customers for its drought-shielding water infrastructure because manufactured water is not being discounted for fear of political backlash. Industrial customers have no incentive to buy plant water because they would have to build their own pipelines and have no expectation of a price break. All southeast Queensland residents are currently paying higher pri ...

Read more

Masdar Institure Faculty Urges UAE to Develop Nuclear Desalination

The UAE's water and energy security will receive a major boost if the desalination plants can be linked to nuclear power. Nuclear desalination is a well-known technology and the number of plants currently operating across the world strongly indicates the advantage, according to Dr. Youssef Shatilla, Dean of Academic Programs, and Professor - Mechanical Engineering, Masdar Institute of Science and Technology ...

Read more

© 2019 POWER INSIDER PUBLISHING & EVENTS LIMITED - ALL RIGHTS RESERVED

Scroll to top