Friday, August 31, 2018

What is a Liquefied Natural Gas (LNG) Plant?

Natural gas is one of the world’s most important sources of energy.


Today approximately 30% of the world's energy demand is derived from natural gas. The majority of natural gas is delivered by pipeline in gaseous form.

Liquefied natural gas is an odorless, colorless, non-toxic, non-corrosive and non-flammable form of methane. As fuels go, it's pretty cool.


LNG touches only a small portion of the world's gas supply, but it's the fastest-growing portion. 

Since 2000, global demand for LNG has grown 140 percent and now accounts for roughly 10 percent of the methane consumed worldwide. The rest moves to market by pipeline.

Natural gas and LNG in particular is expected to play an essential role in the world’s transition to cleaner sources of energy.



Liquefied Natural Gas (LNG) Plant


An LNG plant refines natural gas obtained from deep within the earth and condenses it into a pure, concentrated, efficient form of energy. 
During the process, ‘impurities’ such as small amounts of nitrogen and carbon dioxide, are removed. 
When refined, it is almost pure methane— one of the most efficient sources of energy.



Advantages of Liquefied Natural Gas (LNG)


  • It makes it possible to use natural gas in areas where natural gas is not available via the national delivery network or municipal distribution system.
  • It is a more economic source of energy when compared to black products (fuel oil and diesel) and LPG.
  • It is suitable for consumer purposes such as process, steam recovery, heating and cooking in sectors like tourism, steel, paper and ceramic.
  • Because of it high energy content, the total amount of energy needed is reduced.
  • It expands 600 times to reach its gaseous state (1 unit of LNG = 600 units of natural gas).
  • A large amount of natural gas can be stored and transported at low pressure.
  • It can be used in all burning devices by making minor changes.
  • Because it is a clean fuel, it contributes to improved product quality and reduces maintenance costs.

However, in the past two decades Liquefied Petroleum Gas (LPG), Natural Gas Liquids (NGL) and Liquefied Natural Gas (LNG) have become much more important in the world's energy market. LNG is exported from 19 countries. 

In recent years, LNG production processes and LNG usages are becoming diverse with new technologies for gas field development and increase of LNG demand.

Sunday, August 26, 2018

Davao Oriental Rebel Returnees Acquire ICT Training

The Provincial Government of Davao Oriental has tapped the Tech4d Center, a computer-based educational mechanism under the Department of Information and Communication Technology (DICT), to provide former NPA rebels with new tech skills.

Ms. Amelia S. Dean, DICT acting regional head for operations and coordination services, said the center provides delivery channels of “information and communication technology (ICT)-enabled services and government services to reach rural areas.”  “We are nationwide. We also serve as training hub to educate the public on digital literacy and to raise awareness on the importance of ICT,” stated Ms. Dean.

The beneficiaries are former members of the New People’s Army who are staying at the Davao Oriental Provincial Government’s Happy Home, a halfway house for those who have surrendered and laid down their arms.

Ms. Dean said the Tech4d Center provides programs like English competency, financial literacy, research, farming technologies, and also offers online job opportunities, business networking, and provides training for those who want online jobs.

Thursday, August 23, 2018

Davao Oriental Barangay Takes Charge of Major Road Maintenance Work

The maintenance of a PHP 52.2M concrete farm-to-market road with a 45-meter concrete bridge will now be the responsibility of Barangay Mikit in Baganga town under a pioneering community-based road maintenance (CBRM) program. 

Davao Oriental Governor Nelson L. Dayanghirang, at the CBRM program launch and turn-over ceremony said giving the maintenance responsibility to the barangay “will ensure the sustainability of the completed project as it allows community involvement in taking care of it.” “For the first time, the responsibility of taking care of an infrastructure project is given to the beneficiaries. This will provide them an opportunity to participate in maintaining the projects given to them,” Governor Dayanghirang said in a statement. 

The CBRM program is based on the inter-management agreement of the provincial government with the DA and World Bank. 

Engineer John Christopher Algallar of the Provincial Engineering Office said the program saves the Davao Oriental Provincial Government of the need to mobilize resources as “it will pay the barangay for the maintenance, which in turn enables the barangay to generate additional income.”

Friday, August 17, 2018

Two Davao Oriental Towns To Get Abaca Sector Funds

The upland villages of Manay and Boston towns in Davao Oriental have been allocated a combined PHP 7M fund to boost its abaca production, starting with a plant disease eradication program. 
The Davao Oriental Provincial Government, in a statement, said addressing diseases is the “most important” step to improving the abaca industry because it is key to propagating healthy seedlings. 
The other components of the abaca projects are nursery development, abaca farm expansion and rehabilitation, and livelihood training support on abaca processing.
The program officially started on Aug. 1. “All of our efforts for the program will be useless if we do not address first the eradication of the disease which is viral in nature and quickly spreads,” said Ednar G. Dayanghirang, chief of staff of the Davao Oriental Provincial Governor’s office. 
The abaca sector funding is sourced from the Office of the Presidential Adviser on Peace Process (OPAPP), through its Payapa at Masaganang Pamayanan (Pamana) Program which is intended for peace-building through livelihood support. 

Saturday, August 11, 2018

Davao Region Raises Minimum Daily Wage For Workers

Davao region workers will be receiving an additional PHP 56 to their daily wage after the Regional Tripartite Wages and Productivity Board (RTWPB) implements two tranches of a wage hike this month.
The first tranche of PHP 30 is expected to be reflected in the workers’ August 16th payroll. 
This should mean an increase in daily wage to P370 for workers in the industrial, commercial and retail services sectors. 
Agriculture workers should be receiving a daily wage of P365.
Employees in businesses in the retail services should be paid P355 each after the wage increase.
The succeeding tranche of P26 will be applied to the workers' payroll by February of next year.
The new Wage Order RB XI-20 was issued on June 26, or about 20 days after the regional wage board conducted public hearings and consultations in Davao City, Digos City, Mati City, Panabo City, Island Garden City of Samal, Tagum City, Compostela Valley, Davao del Norte, Davao Occidental, Davao Oriental and Davao del Sur.
The regional wage board said its public hearings and consultations corroborated the study it conducted on the wage profile of workers in the region, which necessitated a new round of wage increase “to restore lost purchasing power of minimum-wage earners in Davao region for them to cope with the rising cost of living.”
The RTWPB added, however, that its prescribed wage hike would not affect or impair the productivity and viability of businesses and industries in the Davao region. 

The Wage Board further said that “Consistent with the government’s policy of achieving a higher level of productivity to preserve and generate jobs, and to augment the income of workers, there is a need to build the capacity of business enterprises to be competitive through productivity improvement and gain sharing programs.”
The wage board is persuading businesses “to adopt productivity improvement schemes such as time and motion studies, good housekeeping, quality circles, labor-management cooperation as well as implement gain sharing programs.”
The new wage rates would not cover domestic helpers, house helpers, or kasambahay, whose minimum-wage requirement has been set by the Batas Kasambahay or Republic Act 10361. 
Workers of establishments registered under the Barangay Micro Business Enterprises (BMBE) law and the Go Negosyo Act of 2013 are also not covered by the wage hikes.

Need For More Economic Zones in Davao Region

Davao City Chamber of Commerce and Industry, Inc. (DCCCII) seeks to strengthen the promotion of more economic zones in the Davao Region.

“We need more economic zones as to promote and even bolster the continuing progress of the business sector in the city or even in the region,” DCCII Chair Ma. Lourdes Monteverde said during a Kapehan sa Dabaw media forum last July 23, 2018.

“It has a tedious process to go through. We have to consolidate with different institutions’ approval in order to implement such. The minimum hectares to develop an industrial manufacturing economic zone for the foreigners can locate or Filipino companies who are into manufacturing is about 25 hectares,” Monteverde added.

Monteverde also said that there are more to just establishing economic zones in the regions. She advised that providing sustainable community livelihood must also be considered.

“Factors like power supply, road network, and connectivity must be considered because goods must be transported efficiently and effectively,” Monteverde further said.

Wednesday, August 1, 2018

All About Pionaire Finance Limited


Pionaire Finance Limited is a company based in Hong Kong, and through associations and relationships with local companies in Manila Philippines, Hanoi Vietnam, Hong Kong, Peoples Republic of China and Taiwan.

They have positioned themselves to work closely with the International Banks, governments, state owned enterprises, and private commercial sectors in China, Philippines Taiwan and Vietnam.

Management


Asllan is the Chairman & CEO of Pionaire Finance Limited since October 2006. 

He specializes in implementing financial structures in Energy and Commodity Trading, Corporate Financing & Private Placement, Infrastructure Financing, and Government Loans [loan format/bond issue] in several countries including China, the Philippines, India, Iran, and Vietnam. 

His extensive experience has enabled him to work closely with big financial institutions all over the world, such as Standard Chartered Bank, Deutsche Bank, UBS, Credit Suisse, ING Bank, RBS, Barclays Bank, ABC, CITIC Group [Citic Securities], ICBC, CIC, CDB, and China Exim Bank in Hong Kong and China.

To date, Asllan has successfully negotiated agreements for the PNOC Exploration Corporation (PNOC EC), the oil, gas, and coal arm of the Philippine National Oil Company (PNOC) for the development of a 20 mt per year Refinery, Petrochemical Complex, Storage Facility and Terminal, 1200 MW Combine Cycle Gas-Fired Power Plant, and LPG Storage and Terminal in Tubalan, Province of Davao Occidental, Philippines. 

His current projects cover a vast range of companies across the globe: Shenzhen Shennan Power Gas Turbine Engineering Technique Co., LTD, Sinopec Engineering International, China Communications Construction Company (CCCC), China Zhenhua Oil, Shandong Electric Power Engineering Consulting Institute Corp., Ltd. (SDEPCI), China North Industries Corp. (NORINCO), NORINCO International Cooperation Ltd., in China, Saipem in Italy, Bharat Petroleum IOCL, ONGC, HPCL in India, E United Group in Taiwan, BP in United Kingdom & Singapore, Shell in Hague & Singapore, NLNG in Nigeria and Petrolimex in Vietnam.


Davao Oriental Eco Industrial Park Project





The Pionaire Finance Limited, together with its partner Shenzen Energy Group Co., Ltd., based in China, intends to finance, study, and develop an eco industrial park at the  Banaybanay town of Davao Oriental.

The project, estimated to cost $27 Billion, is a partnership project between the Provincial Government of Davao Oriental and Pionaire Finance Limited (PFL).

The soon-to-rise eco industrial park will also feature LNG and LPG Storage and Receiving terminals, Regasification Facility; 10 million MT Storage Tanks and Terminal for crude oil, Steel Plant, International Port and Cargo Terminal, Light Industry, Textile Park, Mechanical Park, Electronic and Construction Materails, Agribusiness Park, Logistic and Commercial Park, and Manufacturing Facilities for Prefabricated homes. 


The investors emphasized that with the project’s realization, the community’s welfare will be taken care of as initiatives in putting up hospitals, school, environmental projects, disaster preparedness and mitigation projects, and housing projects and relocation sites will be part of the ambitious project.