ESG and risk pose Apac LNG-to-power funding challenges
Lenders and insurance brokers see huge regional variation across the Asia-Pacific region in terms of funding for LNG-to-power projects, panellists said at Petroleum Economist’s LNG to Power Forum Apac
Some banks are still supporting LNG-to-power projects as a transition step towards net zero—particularly for the carbon savings relative to coal—Derrick Tan, director at Japanese financial services institution SMBC, said at Petroleum Economist’s LNG to Power Forum Apac event in mid-May. However, he cautions that “most banks are focusing more on renewables”, as mid-century net-zero goals loom. On the increasing importance of ESG for banks, there has been a growing focus in recent years not just on the question of cutting emissions, but also on “how [projects] help the drive towards net zero”, Eddy Tan, executive director for project finance at DBS Bank, told the forum. Nevertheless, gas is st

Also in this section
23 July 2025
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector
23 July 2025
Gas is unlikely to assume a major role in Albania’s energy mix for years to come, but two priority projects are making headway and helping to establish the sector
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
22 July 2025
Next year’s WPC Energy Congress taking place in April in Riyadh, Saudi Arabia will continue to promote the role of women in the energy sector, with a number of events focusing on the issue.