CHINA: US Department of Energy comments on Westinghouse’s sale of four nuclear reactors

(EnergyAsia, December 29) — The US Department of Energy (DOE) has welcomed the sale by Westinghouse Electric Company of four nuclear reactors to China.   Secretary Samuel W. Bodman and Chinese Chairman of National Development and Reform Commission (NDRC) Ma Kai recently signed a Memorandum of Understanding (MOU) that paved the way for Westinghouse to...

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CHINA: Cooperation with the US on FutureGen, energy efficiency projects

(EnergyAsia, December 29) — China will join the government steering committee of the FutureGen project, making it the third country to join the US in the FutureGen International Partnership, said a joint statement from the two governments. They also signed an Energy Efficiency and Renewable Energy Protocol renewing cooperation in advancing clean technology including solar, wind,...

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INDONESIA: UK’s Premier Oil lands exploration licence award

(EnergyAsia, December 29) — UK’s upstream company Premier Oil said it has been awarded an onshore exploration licence on Buton Island, Sulawesi by the Indonesian government. Premier will hold a 30% non-operated equity interest.   The 3,396 square km block lies on the south-eastern side of Buton island. Oil seeps are prolific on the island and large...

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THAILAND: SUEZ signs power supply agreements with Siam Cement

(EnergyAsia, December 29) — SUEZ Energy International said its subsidiary, Glow Energy, a leading private power generator in Thailand, has signed two major power supply agreements for a period of 20 years with petrochemical companies affiliated to the Siam Cement Group, based in the Map Ta Phut industrial estate. The contracts represent an approximate value...

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INDIA: BHEL commissions 600 MW gas turbine power project in Libya

(EnergyAsia, December 29) — India’s Bharat Heavy Electricals Limited (BHEL) said it has achieved a breakthrough project in the overseas markets with the commissioning of the 600 MW Western Mountain gas turbine power project in Libya. BHEL said this is its largest overseas power project, which comprises four 150 MW turbines.   The project has...

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INDIA: President Bush signed US-India Peaceful Atomic Energy Cooperation Act

(EnergyAsia, December 29) — US President Bush has signed the United States-India Peaceful Atomic Energy Cooperation Act aimed at strengthening the partnership between the world’s two largest democracies as well as help meet the energy and security challenges of the 21st century.   The US has described that act as an important step that will...

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INDIA: Petroleum Minister calls for Asian cooperation on oil storage

(EnergyAsia, December 29) — India has called for Asia’s main oil consuming countries to cooperate on building up strategic storage stockpile to deal with potential supply disruptions. Speaking at the recent first meeting of Energy Ministers of India, China, the US, Japan and South Korea in Beijing, Petroleum Minister Murli Deora said the countries should...

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CHINA: ABB to automate Fujian LNG terminal

(EnergyAsia, December 29) — ABB said it has won a $4 million contract to supply an integrated central control system for a new liquefied natural gas (LNG) import terminal in Fujian province in China. The terminal and trunkline project will be owned and operated by CNOOC Fujian LNG Co Ltd, a company jointly owned by...

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EDITOR’S NOTE: Singapore and Malaysia can stop the environmental terrorism in Indonesia

(EnergyAsia, December 29) — For at least three months in every of the last 10 years, Southeast Asia has been choked by filthy air and smog caused by the rape and criminal burning of huge tracts of rainforests in Indonesia. No one has been seriously punished for this annual act of predictable and entirely preventable...

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AUSTRALIA: Pipeline Trust completes ‘compulsory’ acquisition of Gasnet

(EnergyAsia, December 29) — Australian Pipeline Trust (APA) said it now fully owns the GasNet Australia Group following the completion of the ‘compulsory’ acquisition of GasNet units.   Last week, APA said it dispatched the direction notices to former GasNet unitholders whose units were compulsorily acquired.   The Australian Pipeline Trust is an ASX-listed energy...

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QATAR: ABB awarded $450 million substation order

(EnergyAsia, December 28) — ABB, the Switerzlands-based leading power and automation technology group, said it has won a $450 million contract from Qatar General Electricity and Water Corporation (Kahramaa) to support the country’s rapid growth by expanding the power transmission system.   The contract scope includes three substations and a telecommunication package for Qatar’s Phase...

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RUSSIA: Sakhalin oil well completes eight season of production

(EnergyAsia, December 28) — Russia’s first offshore oil production at the Vityaz Complex has completed its eighth production season off the coast of Sakhalin Island in the sea of Okhotsk. The overall field production is around 85 million barrels since the start of Sakhalin II Phase 1 operations in 1999.   Sakhalin Energy said: “This...

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PAPAU NEW GUINEA: Syntroleum signs gas-to-liquids joint development agreement with Kuwait

(EnergyAsia, December 28) — Nasdaq-listed Syntroleum Corp said it has signed a joint development agreement with Kuwait Foreign Petroleum Exploration Co (KUFPEC) to join in the development of a 50,000-barrel per day gas-to-liquids (GTL) facility in Papua New Guinea. This agreement follows the formal statement of support for the GTL facility by Papua New Guinea’s Prime...

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SINGAPORE: Keppel lands EUR140 million contract to build the world’s first concrete heavy lifter

(EnergyAsia, December 28) — Singapore’s Keppel Offshore & Marine Limited said its wholly owned Dutch subsidiary, Keppel Verolme BV, has secured a EUR140 million contract to build a floating heavy lifter for the decommissioning of offshore structures. (US$1=Euro0.75).   The contract caters for additional work on the vessel, which if awarded, may potentially increase the...

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INDIA: BHEL to build ‘eco-friendly’ co-generation power plant at Haldia oil refinery

(EnergyAsia, December 28) — India’s Bharat Heavy Electricals Limited (BHEL) said it has bagged a major order from Indian Oil Corporation (IOC) to set up an energy efficient and environment friendly co-generation power plant at its Haldia oil refinery complex. Bhel said it will build the Rs1.65 billion frame-5 gas turbine-based co-generation power plant on...

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OMAN: Oman Oil Company to purchase 8% stake in China Gas Holdings

(EnergyAsia, December 28 ) — Oman Oil Company (OOC) said it has agreed to purchase eight percent of the issued shares of Hong Kong-listed China Gas Holdings Ltd. The agreement was signed by Maqbool bin Ali Sultan, Oman’s Minister of Commerce and chairman of Oman Oil Company, and by Liu Ming Hui, China Gas Holdings’...

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SAUDI ARABIA – SUEZ Energy International wins tender for world’s largest power and desalination proj

(EnergyAsia, December 28) — SUEZ Energy International, in a consortium with Gulf Investment Corporation and Arabian Company for Water & Power Projects, has signed a build, own, operate, transfer (BOOT) contract for a 2,750MW and 800,000 litres/day Independent Water and Power Project (IWPP), in Jubail in north eastern Saudi Arabia. The consortium will own 60%...

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CHINA: Solarfun sets pricing of initial public offering of American Depositary Shares (ADS) at US$12

(EnergyAsia, December 28) — Nasdaq-listed Solarfun Power Holdings Co Ltd, an established manufacturer of both photovoltaic (PV) cells and PV modules in China, has set the price of its initial public offering of American Depositary Shares (ADSs) at US$12.50 per ADS. Each ADS represents five ordinary shares, par value US$0.0001 per share, of Solarfun. The...

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AUSTRALIA: Allco Wind Energy signs largest ever US power purchase agreement with Southern California

(EnergyAsia, December 28) — Allco Wind Energy, a division of Australia’s Allco Infrastructure, has signed an exclusive power purchase agreement (PPA) with Southern California Edison to supply 1,500MW of renewable power. The PPA, which is the largest wind energy contract ever signed by a US utility, equates to providing power for up to one million...

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INDIA: Oil products now the leading export item

(EnergyAsia, December 28) — Refined oil products have emerged as India’s leading export item, earning Rs383 billion in the first five months of fiscal 2006 to overtake the gems and jewellery sector. (US$1=Rs45). Indian oil refiners exported 21.5 million tonnes of products worth Rs510 billion for the year ending March 31 2006. The Petroleum Ministry...

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OMAN: ABN AMRO completes financing advisory work on Barka II power plant and Al Rusail

(EnergyAsia, December 27) — Dutch bank ABN AMRO said it has successfully advised the Omani government in executing the transaction of the landmark Barka II IWPP project and the privatisation of the Al-Rusail power plant.   Represented by the Electricity Holding Company (EHC) and Oman Power and Water Procurement Company (PWP), the government awarded the...

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COMPANY: ConocoPhillips begins production of renewable diesel fuel at refinery in Ireland

(EnergyAsia, December 27) — ConocoPhillips has begun commercial production of renewable diesel fuel at the company’s Whitegate Refinery in Cork, Ireland. The production process was developed by ConocoPhillips and uses soybean and other vegetable oils to produce renewable diesel fuel that meets European Union standards for diesel fuels.   The refinery is producing 1,000 barrels...

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OMAN: Two state refineries to be merged

(EnergyAsia, December 27) — The Omani government is expected to merge its two refining companies, Oman Refinery Company (ORC) and Sohar Refinery Company (SRC), to improve the sector’s competitiveness.   A state-sponsored proposal calls for ORC, which will soon be expanded to 106,000 b/d, to be merged with SRC’s new 116,000 b/d plant to compete...

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INDIA: Reliance Industries keen to team up with Gazprom for refining investment in Russia

(EnergyAsia, December 27) — India’s privately held Reliance Industries (RIL) is keen to team up with Moscow-based gas giant Gazprom to enter the Russian oil refining and petrochemical industry. Reliance executives broached that possibility during the recent visit of Russia’s Deputy Prime Minister Alexander Zhukov to New Delhi.   Russia is looking to expand trade...

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CHINA: WTO-compliant rules on oil storage, distribution and retail sales from January 1

(EnergyAsia, December 27) — China has announced new regulations governing the oil storage, distribution and retail businesses to meet with World Trade Organisation (WTO) requirements allowing for increased competition and the entry of foreign investors from January 1.   The Commerce Ministry said foreign-invested companies can now apply to distribute oil products in China after...

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