natural gas
- Business News
Thailand and Cambodia reignite talks on joint petroleum production
The Petroleum Exploration and Production Industry Club has shown its full support to the renewed efforts of the government to kickstart the oft-stalled talks on joint petroleum production between Thailand and Cambodia. The talks revolve around the Overlapping Claims Area (OCA), located in the Gulf of Thailand. Nipatsin Yimyam, the club’s chairman under the Federation of Thai Industries, stated their…
- Thailand News
Ministry of Energy: Exclusive discounts and extended assistance period for NGV prices
The Ministry of Energy, led by Deputy Prime Minister Pirapan Salirathavibhaga, is rolling out an unprecedented lifeline for truck operators, public transport, and taxi drivers grappling with soaring natural gas prices for vehicles (NGV). Pirapan announced the formation of a dedicated working group aimed at tackling the escalating issue of surging NGV prices. The superhero in this saga, PTT Public…
- Economy News
Australian Chevron LNG workers’ strike unsettles global gas markets
Following unsuccessful negotiations, liquefied natural gas (LNG) workers at Chevron Corp’s key sites in Australia initiated partial strikes yesterday, a move that has unsettled global gas markets. This news spurred gas futures in Europe, causing them to leap by as much as 13%, illuminating the region’s susceptibility in the aftermath of last year’s energy crisis. Spot LNG in Asia also…
- Thailand News
Thailand Consumers Council urges government to lower fuel tariff and promote home solar panels use
The Thailand Consumers Council (TCC) is urging the government to consider lowering the fuel tariff (Ft) amid mounting complaints about high electricity bills while suggesting that the Energy Regulatory Commission (ERC) promote the use of domestic solar panels to help address the problem. Itthaboon Onwongsa, TCC deputy secretary, noted during a seminar discussing recent increases in power costs, that the…
