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  • July 30, 2014
  • Last updated: 1:42am
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  1. Business - Commodities - ENERGY

    Chinese demand for Indonesian coal increases despite pollution fears

    Posted Jul 07th 2014, 05:26am by Eric Ng

    ... in Indonesia with mainland China as one of its top markets, aims to raise output and sales by 30 per cent despite slowing Chinese consumption because of rising demand for less polluting coal. Ng ... profit margin grew to 31.8 per cent from 29.4 per cent. Average selling price of about HK$242 per tonne was steady from HK$243 in the previous year, given the weak global coal market which saw ...

  2. Business - Commodities - ENERGY

    Asian chemical plants to enjoy brief window of profitability, analysts say

    Posted Jan 01st 2014, 12:36pm by Eric Ng

    ... analysts warned that Asian ethylene makers’ margins would be under pressure come 2017 when US surplus supply hit the market. This will be the result of an oversupply of cheap natural gas produced ... Eric Ng eric.mpng@scmp.com Lack of capacity and delays in China's coal conversion projects boost oil-based chemical plants but cheap US gas will pose a threat Asian ethylene firms set ...

  3. Business - Commodities - ENERGY

    Thriving Chinese market spurs solar developers

    Posted Feb 27th 2014, 01:34am by BLOOM

    ... Bloomberg in London Thriving market spurs solar panel developers Solar developers around the world will install record capacity this year as a thriving Chinese market drives growth ... to the average estimate of nine analysts and companies. Last year, new capacity rose 20.3 per cent, after a 4.4 per cent gain in 2012. China became the biggest solar market last year, helping to end ...

  4. Business - Commodities - ENERGY

    Rising US gas exports set to boost demand for LPG ships

    Posted Jul 02nd 2014, 01:45am by BLOOM

    ... is the main game changer for the LPG market," Kassidokostas-Latsis said. "We are very optimistic on further growth of demand for LPG ships, especially from the US on the back of shale." ...

  5. Business - Commodities - ENERGY

    Timely Russian gas deliveries to China look far from certain

    Posted Jun 30th 2014, 01:40am by Eric Ng

    ... market to the world's largest gas exporter, Russia, securing long-term energy for Chinese distributors whose growth has been crimped by supply. But the companies may have underestimated ... the likely upstream development challenges and the fact that the gas would flow to nascent city gas markets, Wood Mackenzie expects 5 billion cubic metres (bcm) of gas supply via the 'Power ...

  6. News - Hong Kong - ENERGY

    Hong Kong business groups give thumbs down to electricity imports from mainland

    Posted Jun 17th 2014, 11:38pm by Cheung Chi Fai

    ... for the local option as it filed its official submission. He denied the opposition to imports arose from fears about opening up the power market. "There is nothing we fear from market ... it was "inclined" to favour the local option. It disputed whether power imports would necessarily bring cheaper bills. Still, it believed the electricity market should be opened up to more competition ...

  7. Business - Commodities - ENERGY

    Asian LNG buyers hope US projects can lower premiums

    Posted Oct 18th 2013, 04:31am by Eric Ng

    ... Suisse research report, Asian buyers are paying about US$15 per mmbtu on long-term supply contracts with prices partially linked to that of crude oil, compared to US$4 in the US spot market ... Asian LNG buyers bank on U.S. projects to ease costs Asian buyers of seaborne liquefied natural gas, including state-backed companies in China, hope newly approved export projects in the United ...

  8. Business - Commodities - ENERGY

    Fixed prices for output from offshore wind farms hailed

    Posted Jun 20th 2014, 12:59am by Eric Ng

    ... bids were submitted. "Providing certainty to on-grid power prices is conducive to restarting the sluggish offshore market," Bocom International analyst Louis Sun Shengquan said ...

  9. News - Hong Kong - ENERGY

    Hong Kong split over whether to import more power from mainland China

    Posted Jun 18th 2014, 02:54am by CHEUNG CHI-FAI

    ... option would make it easier to open up the city's energy market to greater competition, which some lawmakers said could ease the power tariff rises caused by rising fuel prices. Generating more power locally might incur extra costs if city officials decide to open up the market after the two local power firms invest further in new generation units. Dr William Yu Yuen-ping, chief ...

  10. Business - Commodities - ENERGY

    CNOOC boosts oil output off southern coast to reach target

    Posted Jun 13th 2014, 05:57am by Bloomberg

    ... in Vietnam and prompted China to evacuate thousands of its citizens. The dispute comes amid rising tensions between China and its Asian neighbours, who are pushing back against Chinese efforts ...




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