Downward drift
Gas production across the region is set to decline, with China the major exception, leading to increasing LNG imports
After peaking at over 440bn cubic metres a year in 2015, gas production in Asia is predicted to start gradually declining in the coming decade. Indonesia, Pakistan, Thailand, Bangladesh, Myanmar—and to some extent Malaysia—will see falling indigenous production from established reserve bases. By 2030, gas production in Asia is predicted at just over 390bn cm/y, according to Rystad Energy, representing an annual average reduction of 0.8%. Gas production is set to increase most markedly in China, where output will rise from 120bn cm/y in 2016 to around 150bn cm/y by 2030, surpassing all other Asian nations. Dominant producer PetroChina has been steadily building gas production capacity across
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
