Gas generates less than a fifth of Asia’s power
Letter from Singapore: Asia’s LNG love story still needs writing
Gas is set for major growth in Asia but countries in the region are moving at differing paces and some remain highly sensitive to prices
LNG needs to address its public relations problem. Industry experts at Petroleum Economist’s Asian LNG Strategy event in Singapore in May grappled hard with how to describe the fuel. Parallels with the parable of the blind men and the elephant came to mind as the speakers described it as a fossil fuel, a transition fuel, a back-up fuel, a bridging fuel, a growth fuel and a potential primary fuel for some countries in the region. The opportunity and anecdotal evidence is there for huge LNG growth in Asia, but policymakers and industry participants will need to muster the confidence to invest both figuratively and literally. “Expanding reliance on natural gas imports is a far-reaching op
Also in this section
20 September 2024
A profound shift is occurring in the global refining sector, one which might help redefine Africa’s place in worldwide trade networks
20 September 2024
European oil and gas firms are taking a different approach to the transition when compared with their American cousins. The second part of the fifth chapter of our history of oil and gas examines the ocean separating IOCs
19 September 2024
Lack of competitiveness in refining sector and underbaked oil reserves threaten long-term stability
18 September 2024
In the first part of the fifth chapter of our history of oil and gas, we move the story on to the climate crisis and push for net-zero carbon emissions
