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
9 May 2012 China to build Singapore's biomass-solar power plant China daily
8 May 2012 China's first deep-water rig to drill in South China Sea China Daily
8 May 2012 India: Coal India inks FSAs with 13 power units so far The Hindu Business Line
5 May 2012 India: Ministry plans sovereign fund for coal buys abroad The Financial Express
30 April 2012 Philippines to award oil, gas exploration contracts Business Recorder
28 April 2012 New NAP strategies to turn Malaysia into an energy efficient vehicle hub The Star
26 April 2012 Bangladesh signs drill deal with Russia's Gazprom Business Week
18 April 2012 Wind energy in Pakistan: Sindh to allot 26,000 acres for wind turbines Reve
17 April 2012 Bangladesh approves allocation of $135 million from gas fund for projects Platts

 
Demand for natural gas in India likely to go up to 473 mmscmd
The Statesman, 31 October 2011

The demand for natural gas in India is likely to go up to 473 mmscmd in the next six years. As per the demands coming from power plants and the projections made by the Oil Ministry for the 12th five year plan, the current gas demand of 189 MMSCMD is likely to go up to 473 MMSCMD. The projections further stated that the overall demand would grow from 293 MMSCMC (in 2012-13) to 473 mmscmd (in 2016-17) over the 12th plan period and from 494 MMSCMD (in 2017-18) to 606 MMSCMD (in 2021-22) over the 13th plan period. Of the 473 mmscmd demand at the end of 12th Five Year Plan period, 207 mmscmd would be from power and another 113 mmscmd from fertilizer plants. Power plant would need 307 mmscmd by 2021-22 while fertiliser units may not see any incremental demand during 2017 to 2022, the projection said. Domestic natural gas production currently is about 120 mmscmd and another 46.3 mmscmd is imported in the form of liquefied natural gas (LNG). The total availability of 164 mmscmd is short of current demand of 189 mmscmd.  Read full story...