News Update

Asia's significance and contribution to global issues of energy, climate change and sustainable development has been steadily growing. The update highlights some of the major news stories from various Asian countries offering an overview of the issues, prospects and challenges in the region.

 

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Date News Title Source
18 May 2011 Malaysia unveils plan to build 'green economy' AFP
16 May 2011 Solar power lights up Bangladesh rural areas STV
13 May 2011 Malaysia's Petronas to invest $20bn in energy complex BBC News
11 May 2011 Bangladesh sees surge in small-scale solar power Alertnet
10 May 2011 China to double solar-power capacity by 2015 China Daily
10 May 2011 India: Panel moots higher tax on diesel cars The Times of India
9 May 2011 India to add 67000 mw solar power capacity by 2022 The Economic Times
9 May 2011 India to add 67000 mw solar power capacity by 2022 The Economic Times
6 May 2011 India: Prepare for next phase -- National solar mission The Financial Express

 
India: GAIL readies $1billion war chest for shale gas
The Times of India, 3 November 2011

State-run utility GAIL has drawn up a war chest of $1 billion for acquiring shale gas assets abroad and will pump $400 million into importing gas in ships (liquefied natural gas) and petrochemicals through its Singapore trading desk. The trading office will also look at logistics and shipping requirements for moving LNG to India. It will identify sellers for long-term, short term and spot supplies, besides make money through arbitrage. Initially, the focus will be on LNG that will make up about 90% of the trading.  Read full story...