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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (1844)	9/14/2000 10:46:39 PM
From: Tomas	Read Replies (1) \| Respond to of 2742

Asean's Grand Gas and Power Grid - Far Eastern Economic Review, September 14 The vision is so grand that officials involved in its early planning seem to have trouble getting their heads around it: a 10,000-kilometre gas pipeline and associated electricity grid reaching all of Asean's 10 member nations. "It's evolutionary, not revolutionary," says Asean Secretariat energy official Robert Teh. "What we're trying to do is provide the umbrella." The nearest timeframe anyone can come up with for its development is 20 years--tailored to fit in with the so-called Asean View 2020 project, aimed at preparing the region for globalization and increasing its economic competitiveness. The gas and power networks would mostly be put together on a bilateral basis, interconnecting existing or planned pipelines and transmission lines. They're also seen as complementary, with natural gas becoming the preferred option for power generation as Asean states move toward cleaner and more efficient forms of energy. Energy ministers from Asean's oil-importing countries meeting in Hanoi in July indicated that high oil prices had only strengthened their resolve to use more natural gas and renewable energy sources. They described the two projects as vital for the sustainability and security of the region's energy supply. Power producers are the biggest gas market in Asean, where gas reserves, concentrated in Indonesia, Malaysia and Brunei, are put at 227 trillion cubic feet. Gas-fired generators account for 30% of the region's 76 gigawatts of installed capacity and are seen as the wave of the future, particularly in Indonesia. An initial gas-pipeline master plan, to be completed next year, is expected to link its timetable largely to how soon Jakarta can deregulate its oil and gas industry, clearing the way for a rapid expansion of domestic gas usage. The centrepiece is a four-stage 3,588-kilometre pipeline, due to be completed in 2010, linking Singapore to Indonesia's Sumatra, Java and Kalimantan. Planning for the power grid lags behind the pipeline but there are already power connections between Malaysia and Singapore, Thailand and Malaysia, and Thailand and Laos, as well as power-trade agreements between Cambodia, Laos, Burma, Thailand and Vietnam. The plan foresees 12 more interconnections and power lines stretching across the Malacca Strait and from peninsular Malaysia through Sarawak to Palawan in the Philippines. feer.com