US President Donald Trump was characteristically hyperbolic this week after European Commission President Jean-Claude Juncker pledged the EU would build more terminals to import US liquefied natural gas (LNG). "They want very much to do that and we have plenty of it," Trump said. True, the US has "plenty of it." But whether the EU really "very much wants to do that" is moot. "Juncker's promise to import more LNG is of course not his promise to make," Tim Boersma, an energy expert at Columbia University, told DW following Wednesday's talks between the two leaders. "Just like the White House does not sell LNG, Brussels does not buy it. But there is a reasonable chance that the market can help Juncker out a little in the coming years." An EU official present at the White House talks on Wednesday played down the significance of Juncker's promise, saying that the declaration says the EU "wants" to import more LNG. It doesn't say we are committing to import more. It … [Read more...] about Can Juncker keep his pledge to buy more US gas?
Papua lng project
The National Assembly yesterday began to look into a draft law on public-private-partnership (PPP) investment, which includes regulations on risk sharing between the Government and investors involved in PPP infrastructure projects. A section of Pham Van Dong Street in HCMC, built under the PPP format. The National Assembly has looked into regulations on risk sharing between the Government and investors involved in PPP infrastructure projects Investors have repeatedly proposed the Government share their risks to revenue in PPP projects. The execution of these projects may last tens of years and cause cost overruns, which leaves investors hesitant to get involved in these projects. The risk-sharing policy for PPP projects includes regulations to adjust fees, costs and contract terms. As for PPP projects approved by the NA and the prime minister that fail to generate adequate revenue for operations, the Government proposed sharing no more than half of the difference between … [Read more...] about Vietnamese legislators discuss risk-sharing policy for PPP projects
HCM City's flood-prevention plans should be focused more on the inner city and be closely linked to overall urban planning, experts have said. HCM City's flood-prevention plan is no longer appropriate and should be an integral part of the city's overall urban planning, experts have said. — VNA Photo Thanh Liem The city's People's Committee has asked for permission from the Prime Minister to reevaluate its flood-prevention irrigation plan, which is seen as no longer appropriate because of rising sea levels, climate change and changes to development plans. To prevent flooding, which remains a serious problem in the city, authorities said they would link planning for construction projects to water drainage plans. Le Thanh Cong, director of D&C Design, Consultancy and Construction Ltd Co., was quoted in Thanh Niên newspaper as saying that the revamping of the city's flood prevention plan was crucial. The city has three overlapping regulatory plans on flood prevention … [Read more...] about HCM City’s flood prevention projects need to be reworked: experts
At the working session (Photo: VNA) Da Nang (VNA) – Chairman of the People’s Committee of Da Nang city Huynh Duc Tho on November 12 worked with Director of the Korean International Cooperation Agency (KOICA) in Vietnam Kim Jin-oh on a project to reduce disaster risks funded by the Republic of Korea (RoK) in the central coastal city. The project will build an Integrated Centre for Controlling Green and Smart Urban Resilience (ENSURE Centre) in Da Nang. According to Kim, Da Nang boasts great potential for smart city development because of its good IT platform and special attention to preventing natural disasters. He hoped that with these advantages, and coordination and support from RoK experts, the ENSURE centre will help Da Nang take the lead in managing risks and forecasting natural disasters. Kim suggested the municipal authorities and relevant agencies and sectors support the KOICA in conducting the last survey for the project, towards signing the project in … [Read more...] about KOICA funds disaster risk reduction project in Da Nang
NEW YORK (CBSNewYork) — The Penn Station access project has finally gotten the green light. Governor Andrew Cuomo on Tuesday said the Metropolitan Transportation Authority, Empire State Development, and Amtrak have struck a deal that would expand Metro-North service to the East Bronx. Too many people in the Bronx live in a transit desert. Proud to announce an agreement to construct four new Metro-North stations that will connect the east Bronx to Manhattan. This project will provide much-needed travel options to thousands of residents.https://t.co/o1QdEpzr63 — Andrew Cuomo (@NYGovCuomo) January 22, 2019 The plan will also give New Haven line commuters a direct route to Penn Station using existing tracks owned by Amtrak. Four new stations will also be built in the Hunts Point, Morris Park, Parkchester, and Co-op City sections of the Bronx. … [Read more...] about Penn Station Access Project Gets Green Light