Connect with us

Business

Asia Natural Gas and Energy Association launched to advice governments for policy decisions

Foundation members include Chevron, ExxonMobil, JERA, JGC Corp., Mitsubishi Heavy Industries, Santos and SK E&S, with other oil majors soon announcing involvement.
Admin

Published

5 years ago

on

Asia Natural Gas and Energy Association

The Asia Natural Gas and Energy Association (ANGEA) has been launched during the 10th Annual LNG Producer Consumer Conference on 5 October 2021.

The association will advise governments as they develop energy policies and solutions, including renewables and energy conservation, to meet their national needs, achieve global climate goals as established by the Paris Agreement, and encourage investment to support social and economic changes vital for a stable, consistent and affordable transition.

Supported by foundation members Chevron, ExxonMobil, JERA, JGC Corp., Mitsubishi Heavy Industries, Santos and SK E&S, with other major global and regional companies soon to announce their involvement, ANGEA members will harness their expertise across the life cycle of the industry from energy development and production to transport, distribution and storage.

ANGEA Chairman and President Eurasia Pacific Exploration and Production at Chevron, Nigel Hearne, said: “ANGEA represents a committed purpose by energy companies operating in the region to partner with Governments and industry to achieve a lower carbon energy future.

“The energy industry plays a critical role in the long-term development of low-carbon energy policies and solutions while supporting economic and social needs that come with such fundamental change.

“Asia Pacific will be 60% of the world’s economic growth by 2030. This will require nations to meet a significant increase in energy demand, while simultaneously switching to renewable and lower-carbon energy sources to meet energy security needs.”

ANGEA recognises that natural gas is complementary to new energy solutions, which together enable and accelerate energy transition in nations across the region. As countries increasingly move to newer and renewable forms of energy, ANGEA will examine how a combination of energy sources can support national policy objectives.

The organisation was established at a critical time for policy decisions, throughout the Asia Pacific region, where private sector expertise can meaningfully contribute to public interests by helping governments achieve critical energy and environmental goals.

“Effective policies, investment and regulations will be vital not only to integrate these multiple energy sources effectively, but to deliver energy efficiency improvements while transforming economies to reflect new energy, economic and environmental challenges,” Hearne said.

About the Asia Natural Gas & Energy Association

Objectives

  • Align the energy industry to assist regional governments environmental, economic, and social objectives.
  • ANGEA will work with governments and policy makers to help them meet their climate and carbon emission reduction policy objectives, recognizing country specific requirements.

Membership profile

ANGEA’s founding members represent liquefied natural gas and other energy producers, energy buyers, suppliers and companies operating in the Asia Pacific region.

Working together as a cohesive centralized advocacy body, ANGEA will help ensure the long-term future of natural gas and other low carbon energy sources in the region’s energy mix.

Governance

ANGEA will be overseen by a board comprising senior representatives of founding members.

Foundation members will appoint an Eminent Persons Advisory Council, a group of independent and regionally, if not globally, respected experts, who will provide high level expertise across a range of policy areas to the Board and executive team.

https://www.youtube.com/watch?v=BRYzT_gJxI8

 

Photo credit: Asia Natural Gas and Energy Association
Published: 5 October, 2021

Related Topics:
Continue Reading

Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

Admin

Published

37 minutes ago

on

July 21, 2026

By

RESIZED Sora Shimazaki on Pexels

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

Continue Reading

Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

Admin

Published

49 minutes ago

on

July 21, 2026

By

RESIZED Drew Beamer

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

  • That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

  • that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
  • that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
  • that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 21 July, 2026

Continue Reading

LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

Admin

Published

51 minutes ago

on

July 21, 2026

By

PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

Continue Reading

Trending