Asia Energy

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Rising demand and a need to boost connectivity to the national grid are driving rapid expansion in Papua New Guinea’s electricity sector, with a range of sources tapped to meet the government’s power access targets.

Enhancing Sri Lanka’s renewable capacity is a key aim of new proposals for the power sector, with the threat of climate change also engendering a shift in the country’s energy mix.

On the back of improved technology and lower costs, the government in Thailand could soon boost the renewable energy segment further by revising upwards the long-term target for its contribution to the electricity generation mix.

A new formula for dividing revenues from Indonesia’s oil and gas fields offers a chance for greater returns in the energy sector – an opportunity that could generate more upstream investment.

Despite lower hydrocarbons earnings last year, Malaysia is moving forward with targeted energy investment and improved operational practices.

A plan to develop oil refining capabilities could see Mongolia enhance its energy security, curb its energy import bill and broaden the scope of its manufacturing industry.

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