(EnergyAsia, September 3 2012, Monday) — Schneider Electric, a leading energy management company, said it has been awarded the contract to provide medium voltage (MV) switchgears and low voltage (LV) switchboards for Singapore’s Jurong Rock Cavern oil storage project, Southeast Asia’s first underground oil storage facility. Schneider Electric will supply, test and commission the 22KV (more…)
MONGOLIA: SouthGobi cancels plan to sell coal deposit
(EnergyAsia, September 3 2012, Monday) — Canada’s SouthGobi Resources Ltd has announced the cancellation of the proposed US$30 million sale of its Tsagaan Tolgoi thermal coal project in Mongolia to Australia’s Modun Resources Ltd by mutual consent. The Mongolia-focused coal miner said it will evaluate options for the deposit, which are non-core to its operations. (more…)
AUSTRALIA: GVK’s A$10 billion coal mine, rail project threatens the Great Barrier Reef, says Greenpeace
(EnergyAsia, September 3 2012, Monday) — India’s GVK Power and Infrastructure said it has been given environmental approval by the Australian government to proceed with its A$10 billion Alpha coal and rail project in Queensland state. (US$1=A$0.98). The approval for what will be the first project to tap the Galilee Basin came with 19 conditions (more…)