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

 
China: Fuel reserve project moves into new phase
China Daily, 27 January 2011

China's strategic petroleum reserve capacity is expected to reach 274 million barrels by 2012. However, that figure will not be confirmed for nearly two years, at the completion of the second phase of the reserve project for the fuel, according to the China Petroleum and Chemical Industry Federation (CPCIF). The country's strategic stockpiling capacity had reached 178 million barrels at the end of last year, while its commercial inventory capacity hit 168 million barrels, the federation said in a report. The combined reserve capacity was equivalent to about 36 days of domestic consumption demand, according to the report. China has started construction of the eight sites for the second phase of the strategic reserve project. The first phase was completed in early 2009, with a designed capacity of 164 million cubic meters.  Read full story...