policy

August 12 2008

Argentina: Argentina's oil and gas sector murky as energy supplies dwindle

To sustain the country's economic growth by maintaining the nation's energy supply, Argentina's oil and gas industry will need significant private investment.

In a report published Monday Standard & Poor's cried analysts Luciano Gremone said another significant issue for Argentina to attain long-term energy supply is the renegotiation of the utilities' concession contracts and licenses mandated by the government in early 2002 to improve the energy infrastructure network.

Canada (Alberta): Edmonton refinery trouble may cause gas shortage

Petro-Canada stations in Alberta and the B.C. Interior may run out of gasoline because of trouble at its Edmonton refinery, the company warned today.

Customers will be able to tell if a station is out of gas by "zeroed-out" price signs, Petro-Canada said in a news release.

Ecuador: Persiste escasez en la Amazonia

The National Directorate of Hydrocarbons (DNH) called for the militarization of fuel pumps in the provinces of Sucumbios and Orellana still shortages. The measure is to curb smuggling to Colombia, and which has resulted in the fuel shortage.

The military have stayed 24 hours a day at work monitoring, control and information gathering.

Ecuador: Los problemas por la falta de vuelos se agravan en Pastaza

The shortage of fuel for aircraft in Napo and Pastaza will be tested this week by representatives of the National Directorate of Hydrocarbons (DNH).

Henry Orellana, president of the Association of Air Operators of Pastaza, reported that the meeting will take place in Quito.

"We hope that the problem is solved. The restriction began three months ago. In addition, it is necessary to explain why they increased the price of fuel. Each gallon rose from $ 5 to U.S. $ 7.25."

Mexico: Preocupa a transportistas escasez de diesel; necesitan 300 mil litros diarios

The low supply of diesel is causing concern to the guild carrier because they require 300 thousand liters daily of that fuel, to supply 1 thousand trucks, in one month are 9 million litres of diesel.

Nigeria: Shell Investigating Whether Flow Station Attacked in Nigeria

The Niger Delta Vigilante, a group allegedly affiliated with the Movement for the Emancipation of the Niger Delta, or MEND, said it sabotaged a pipeline owned by the Nigerian National Petroleum Corp. that supplies natural gas to the Alakiri flow station, Reuters reported.

UAE: Electricity shortage to hit GCC real estate

A shortage of electricity in the Northern Emirates and other GCC states will bankrupt many real estate developers if they fail to introduce private generation, says a top energy analyst.

Economist Dr Anas Alhajji, who toured the Gulf recently to determine the effects of power shortfalls in region, told Emirates Business the problem was likely to worsen and alternative measures would have to be taken to deliver projects.

July 31 2008

China: China power crisis symptom of deep structural woes

China's power shortages may become more than a seasonal summer bugbear, as price controls complicate the search for investment to solve deep-rooted problems in the mining, transport and generating sectors.

Chinese firms have grown used to summers when electricity is rationed as air-conditioning strains the grid beyond capacity -- around half the country faces restrictions at present.

China: Shandong's power rationing to spread on coal, weather

Power rationing in China's Shandong, a major industrial base, will spread to the whole province from the eastern section as over a third of its generators were off line while demand surges on hot weather, the local grid said.

China is facing its worst power crisis since 2004 as a lack of coal for electricity generators is forcing many to curb their power supply.

Ecuador: Controlar la escasez de gas

It is necessary for the authorities to have controls that address the shortage of gas for domestic use, which in recent weeks affecting the inhabitants of Manabi.

It is not known with certainty the cause of the problem because the authorities of the Directorate of Hydrocarbons have not delivered so far, an official version. What was discussed is that the decrease in the quota to one of the packaging plants caused a sudden shortage that in turn gave rise to a wave of speculative product.

India: Atomic power generation waits for nuke deal cue

There is no better time than now for the Indo-US nuclear deal to come through, as atomic power plants are running at less than 50 per cent of their capacity for want of fuel, feel Power Ministry officials.

India: SSIs to go without power for 2 days

Nearly 7,000 small-scale industries (SSI) in Pimpri-Chinchwad and neighbouring areas, already affected severely by load-shedding, will now remain closed for two days a week — on Thursday and Friday.

The decision was announced by the Pimpri-Chinchwad Small-Scale Industries Association on Wednesday.

India: Power crisis worsens as 4 thermal units trip

The power crisis in the state worsened on Wednesday with four units of the Vijayawada thermal power station (VTPS) tripping in the morning. As a result, 480 MW of supply was lost in addition to the existing shortfall of 2,200 MW. Two of the units were restored by 2 pm and the third made operational by the evening. The fourth unit will be restored by late Wednesday, officials said.

What is a cause for concern is that the units tripped due to continuous running of the thermal units, said power officials. Officially, however, Genco Managing Director Ajay Jain said the tripping was due to auxiliary supply failure (power supply circuit).

Indonesia: Blackout -plagued Indonesia firms seek secure power

Some Indonesian firms faced by a new wave of power blackouts in Southeast Asia's top economy are prepared to pay up to 50 percent more for electricity to safeguard supplies, a business official said on Thursday.

The country faces a worsening power crisis which threatens to deter much-needed foreign direct investment and alienate ordinary Indonesians as the country heads for elections next year.

Iran: Drought drives up Iran power prices

Iran is considering raising electricity prices five-fold as early as September in order to curb domestic consumption, as it grapples with a power crisis brought on by the worst drought to hit the country in more than a century.

The drought has caused hydroelectric output to fall by 75 per cent, Alyssa Rallis, an economist with the consulting firm Global Insight, said in a new report. In partial compensation, Iran’s mostly gas-fuelled thermal power plants have increased production by 25 to 27 per cent, she said, citing Fars News.

Pakistan: Protesters ransack Pesco office in Mardan

Residents of Kas Kuroona, Baghdada Road and Sikandari areas ransacked the Pesco office Wednesday in protest against massive loadshedding.

Sources said Pesco authorities were resorting to unscheduled loadshedding for the last more than 10 hours in various localities of the district. Local people led by elders Abdullah, Pirzada, Khan Zarin and Ibrahim, marched through various bazaars and later attacked the Pesco office at Muqam Mandi on Malakand Road.

Vietnam: New legislation in need for new energy sources

Vietnam is facing a power shortfall as hydroelectric generation requires large investment and fossil fuel supplies are becoming exhausted and more expensive. Under such a circumstance, authorities are seeking to direct people toward new power suppliers such as wind power and solar power. However, to ensure a smooth transition to new power sources, the country is in need of a legislation, says Trinh Quang Dung, Chairman of Council on Renewable Energy in the Mekong Region. Dung, who is also Head of the Department for Development Solar Electricity of the HCMC Institute of Physics, talks with the Daily on the issue.

Zambia: Zambia Moves to Conserve Energy

Power blackouts are now a source of great concern to most countries in southern Africa. In Zambia, where the economy is based mainly on manufacturing and mining, production has dropped 30 percent because of blackouts. Other sectors affected are tourism and agriculture.

David Matongo says other countries in the region are facing similar problems. Matongo is the chairperson of the Committee on Energy for the Southern African Development Community.

Syndicate content