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Thailand's power authority imports LNG to help reduce electricity costs
Jiraporn Sirikam, Deputy Governor for Power Generation of the Electricity Generating Authority of Thailand (EGAT), has revealed that EGAT has procured LNG under short-term contracts from 2023 to 2027, totalling 1.2mn tonnes per year.
Pakistan's Cnergyico imports first private-sector shipment of Russian crude amid discount opportunities
In a bid to alleviate its ongoing financial challenges, Pakistan's leading refiner, Cnergyico, has announced the successful importing of the country's inaugural private-sector consignment of Russian crude oil, DAWN reported October 2.
Indonesia's Barito Renewables to launch IPO of 4bn shares
EU environmental policy, rather than Nagorno-Karabakh, more likely to derail plans to expand Azeri gas supply
Iran misses out on $4.6bn potential earnings annually over gas flaring
Gas flaring in Iran over the past decade has resulted in an annual loss of $4.6bn, according to a parliamentary report carried by the Fars News Agency on October 1.
Slovenian-Croatian commission calls for accelerated construction of radioactive waste facilities for NPP Krsko
Croatia grants licences for geothermal exploration to three companies
Croatia's economy ministry has granted licences to three local companies exploration for geothermal water at five locations following an international tender as part of the country’s efforts to increase the share of locally produced renewable energy.
Turkey hikes gas prices for industry and power plants by 20%
Turkey hikes electricity tariff for industry by 25%
For households, the government introduced aggressive price cuts prior to the national elections held in May. They are still receiving electricity at prices half of wholesale prices.
New Fortress Energy’s final Altamira FLNG rig arrives in Mexico
New Fortress Energy’s Pioneer II liquefaction rig has arrived in Mexico’s Altamira, where it will begin serving as the company’s first floating liquefied natural gas project.
Brazil’s natural gas output down in August
Brazil's natural-gas production fell in August by 4%, month on month, although it was 5.6% higher than in August 2022, according to ANP, the country’s oil-and-gas regulator.
Forex crunch hindering Ethiopian Petroleum Supply Enterprise's Dukem fuel depot project
Iran to build new oil refinery in Syria under trilateral deal
Iran plans to construct an oil refinery in Syria’s Homs Province under a trilateral deal signed with the Syria and Venezuelan governments, IRNA said in a report on October 1.
State media denies Iranian oil minister’s resignation
Citing “informed sources” in the Iranian Oil Ministry, IRNA said Owji was “following up on the issues related to his ministry,” rejecting reports about his resignations as “false news.”
India’s MEIL announces $648mn Mongolia refinery contract
Hyderabad-based Megha Engineering and Infrastructures Ltd announced on September 29 that it has secured a contract worth $648mn in Mongolia. The agreement pertains to the third phase of the Mongol Refinery project, as confirmed by the company.
Offshore wind vs nuclear a backdrop to Taiwan’s 2024 elections
With Taiwan now on the run-in to its next round of presidential elections, the all-important issue of energy, where it comes from and if it safe, is again starting to come to the boil on the East Asian island.
Iran’s daily diesel output up by 16mn litres
Iran has boosted its daily output of high-quality diesel after bringing online a processing plant at the Isfahan Refinery as part of efforts to tackle fuel demand and smuggling, said a report published by Shana on September 30.
Norway’s Norsk Solar stars construction of solar project Orgio II in Brazil
The company has signed an engineering, procurement and construction agreement with America Energia and has secured financing for the construction of the 9-MW solar park Origo II.
Gazprom sees gas production drop by quarter in H1
The country’s premier gas producer lifted 179.5bn cubic metres in the six-month period, down 24.7% y/y.
Iran to revive idle wells to push up oil output
Iran intends to step up its daily crude production by bringing its idle wells back online, an oil ministry official said on October 2, as the country is pumping more oil into the global market amid an unofficial waiver by the United States.
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