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Gas in China: no longer just dry wells Winston Zhao, Mitch Dudek, Beth A Bunnell, Richard Qiang, Jones Day Reavis & Pogue, Shanghai

A year in review: Australia’s electricity supply industry Michael Sonnenberg of Freehills

Oil & Gas Law in Azerbaijan Alum Bati, Salans Hertzfeld & Heilbronn

Power Industry Reform in the Philippines By Rocky L Reyes of SyCip Salazar Hernandez & Gatmaitan

Thailand’s power market: slow but steady progress towards reform William S Bradley, a partner in the Bangkok office of Hunton & Williams

New Zealand’s electricity industry By Elisabeth Welson, Anne Callinan and Rabin Rabindran of Simpson Grierson

Korea’s power generation to go on sale By Soogil Young and Yon Kyun Oh of Kim & Chang Law Office, Seoul

Regulation of Indonesia’s oil and gas industry at the crossroads Kartini Muljadi SH and Dr TN Machmud of Kartini Muljadi & Rekan

Some observers have claimed recently that the much-heralded boom in European commercial mortgage-backed securitization will come to nothing. However, as Liz Jones of Norton Rose, London, argues, large innovative deals such as May’s ProLogis and the enthusiasm of investors give grounds for optimism

The Securities and Futures Bill, gazetted in November 2000, seeks to consolidate and reform 10 ordinances now regulating the Hong Kong securities and futures market. The proposed legislation seeks to increase the transparency of securities dealings, tighten restrictions against market manipulation, and improve the operations of market participants, therefore bringing Hong Kong securities legislation in line with those of key international financial centres. Not surprisingly, disclosure of interests in shares of Hong Kong listed companies is one main area of change. Major amendments proposed include the following: