Asia Energy

Displaying 61 - 66 of 123

Despite abundant energy resources, Mongolia is struggling to meet its growing demand for electricity, increasingly relying on imports until long-term projects to develop new generation capacity are completed. 

State-owned energy firm Petronas has returned to Malaysia’s capital markets for the first time since 2009 with what is expected to be the first of several issues aimed at boosting its fiscal reserves.

Public and private sector efforts are under way to increase Port Moresby’s electricity supply ahead of the Pacific Games in July, as the Papua New Guinea government tries to allay fears that the major sporting event could be disrupted by blackouts. 

With global coal prices showing little signs of recovery, calls amongst industry players in Indonesia to limit production of coal and increase the focus on value-added operations are growing louder.

Plans to revive a stalled renewable energy deal between Brunei Darussalam and neighbouring Sarawak that would see hydropower exported from the Malaysian state to the Sultanate have thrown a focus on its efforts to increase renewable energy sources.

A surge in liquefied natural gas (LNG) exports is expected to nearly treble the pace of economic growth in Papua New Guinea in 2015 putting the South Pacific island nation at the top of the league of fast-growing economies and helping it bridge a widening budget deficit. 

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