Recent investments in Sabah’s palm oil sector, reinforcing both its processing and logistics capacity, could be the catalyst for further growth and capital input through the expansion of its downstream industrial capabilities.
Asia Energy
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Hopes of a path towards energy independence in the Philippines are gathering pace thanks to encouraging steps forward at the Malolos-1 onshore well in Cebu. Australian oil firm Gas2Grid said in July it is in the process of applying to the Department of Energy (DoE) to increase production for a full appraisal of the field.
Economic update | Encouraging mining FDI in Mongolia
24 Jul 2014
Changes to Mongolia’s mining legislation will open up vast new tracts of land for exploration and pave the way for new licence issuances. This should help restore the confidence of foreign investors made wary by government intervention in the sector.
The future of solar energy in Malaysia received a powerful boost on June 16 with the commissioning of the country’s largest solar power plant to date. The project’s operator, Malaysia-based Amcorp Group, awarded the production of the power plant’s solar panels to Chinese manufacturer Yingli Green Energy Holding Company. The project spans an area of almost 14 ha and will require some 40,000 photovoltaic (PV) units, which are estimated to produce 13.6m KWh of electricity annually.
Interviews & Viewpoints | OBG talks to John Lee, President & CEO, Prophecy Coal from The Report: Mongolia 2014
What needs to be done to boost public-private partnerships (PPPs) in the energy sector?
Articles & Analysis | The road to self-reliance: The government is leveraging growing oil production to diversify imports and improve terms of trade from The Report: Mongolia 2014
First deliveries of “Mongol93” hit the market in May 2013. With its plans to build a domestic refinery delayed, Mongolia has agreed to swap crude for refined fuel with PetroChina, a subsidiary of China National Offshore Oil Corp. This new import source, though still expensive, should reduce Rosneft’s leverage at the trading table. Even a...