Day: September 14, 2021

Power generation projects both thermal and renewable continue to be announced for Southeast Asia, with Vietnam taking a lead role with both onshore and offshore power generation installations. Details of a large liquefied natural gas (LNG)-to-power project were announced Sept. 13, just days after the country’s T&T Group and Denmark’s Ørsted said they are prepared to invest $30 billion support offshore wind power development for Vietnam. T&T Group, a multi-industry conglomerate, on Monday said the company had a memorandum of understanding (MOU) with Malaysia’s JAKS Resources Berhad, with the companies…

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Total feedgas deliveries to US LNG export terminals hit its highest level in four months Sept. 12 at 11.3 Bcf/d, based on nominations for the morning cycle; the total Sept. 13 was just shy of that level, at 11.29 Bcf/d, S&P Global Platts Analytics data show. Strong demand in Asia and Latin America was buoying markets. Asian spot LNG prices rose Sept. 13 above $21/MMBtu, in part due to persistent global supply uncertainty. As of early afternoon Sept. 13, there were two tankers moored at Freeport LNG, south of Houston,…

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There is now a broad consensus that unabated coal power generation must be rapidly phased out if the goals of the 2015 Paris Agreement are to be met. The Intergovernmental Panel on Climate Change (IPCC) sees coal use falling by around four-fifths this decade on a 1.5C pathway. The International Energy Agency roadmap for 1.5C says unabated coal power should end by 2030 in advanced economies and by 2040 globally. A pivotal first step is ensuring no new coal-fired power stations are built. UN secretary general António Guterres is calling…

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To coincide with the pace of growth in the cement industry, Pakistan International Bulk Terminal (PIBT) has announced it plans to increase its coal-handling capacity at Port Qasim in Pakistan at a ‘marginal cost’ of up to US$70m over 2-3 years. The increase in demand for imported coal is primarily attributed to economic recovery driven by the relief measures taken by the Government of Pakistan (GOP) to mitigate the effects of COVID-19, which include a favourable package for construction, lower interest rates and subsidised loans for housing by the government.…

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The Water and Power Development Aut­hority (Wapda) says it recorded 8,854 megawatts of hydel power generation on Sunday night — the highest peak-hour hydel generation of the year so far, and 1,277MW more than the level achieved on the same day last year. The generation included 4,926MW by the Tarbela hydel power station, which is 38MW more than the ins­talled capacity of 4,888MW. “Last year (Sept 12 night), our maximum hydel generation was 7,577MW that we surpassed on Sept 12 night of 2021 by generating 8,854MW,” Wap­da Chair­man retired Lt…

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