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South-east Asia turns to gas to meet energy need

Monday, April 24, 2017

Subject

South-east Asia gas outlook.

Significance

Although traditionally an exporter of liquefied natural gas (LNG), South-east Asia is fast becoming a gas demand centre as energy consumption rises, domestic gas production declines and opposition to coal-fired electricity increases.

Impacts

  • South-east Asia’s gas demand will be facilitated by the rise in global LNG capacity.
  • Import dependence will renew regional focus on transnational electricity networks and renewables.
  • The Pacific basin will become the epicentre of LNG trade.

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