Archive | December, 2005

AUSTRALIA: Origin Energy, Santos announced settlement of insurance claim for Moomba plant fire

(EnergyAsia, December 30) — Two Australian energy companies, Santos and Origin Energy, said they have settled their insurance claims with insurers made in relation to the explosion and fire that occurred at the Moomba liquids recovery plant (LRP) in central Australia on January 1 2004. Origin Energy was an insured under the policy effected by […]

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COMPANY: Aggreko plc expands in Asia

(EnergyAsia, December 22) — Scotland’s Aggreko plc, the world leader in the supply of temporary power, temperature control and oil-free compressed air services, is on course to register one of its best performing years, thanks to runaway demand growth in Asia and the Middle East. For the first half of 2005, the London Stock Exchange-listed […]

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CHINA: Beijing to prioritise hydropower development

(EnergyAsia, December 30) — China will give the development of hydropower a high priority, Chinese government official told Xinhua news agency.             Zhang Guobao, vice-minister of the National Development and Reform Commission (NDRC), said the country plans to expand its hydropower installed capacity by 80% to 180 million kilowatts (KW) by 2010, and further to […]

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INDIA: Indian Oil Corp commissions Panipat refinery diesel hydrotreatment unit

(EnergyAsia, December 30) — Indian Oil Corporation (IndianOil) has successfully commissioned the diesel hydrotreatment unit (DHDT) at its Panipat refinery as part of a programme to double its capacity from six to 12 million metric tonnes per year by mid-2006. The refinery is located 100 KM from Delhi.   The company said the facility is the […]

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CHINA: Datang seals coal deal with Indonesia’s Prima Multi

(EnergyAsia, December 30) — China’s Datang International Power Generation has reached an agreement with Indonesia’s Prima Multi Artha (PMA) for the supply of thermal coals to three of its coastal power plants, China Daily reported.             The deal represents PMA’s first coal sale into China. The company expects to make the first shipment of its […]

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INDIA: Gaz de France to help in building underground gas storage

(EnergyAsia, December 30) — Gaz de France will soon invest in underground natural gas storage facilities in India, The Business Standard reported. New Delhi has proposed to create a 15-day storage capacity for gas. The Indian government will provide funding for the underground facilities while Gaz de France will contribute its expertise.             The French […]

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CHINA: XinAo Gas subsidiary to buy properties for more than RMB32 million

(EnergyAsia, December 30) — Hong Kong-listed XinAo gas said two of its subsidiaries, Xinao Gas Development and Bengbu Xinao, have agreed to purchase properties from Langfang Property and Bengbu Property for a total sum of RMB32,031,608. (US$1=RMB8.07).   XinAo said its chairman, known only as Mr Wang, owns 78.39% of Langfang Property and 87.68% of […]

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