Tide is turning for Myanmar, Malaysia and Indonesia
As their economies grow, the three countries need upstream investment to meet rapidly rising demand
Oil-price volatility, energy-supply deficits and political upheaval are creating headwinds for Malaysia, Indonesia and Myanmar as they seek to develop and attract investment in their energy sectors. Indonesia and Malaysia—which, with Brunei, share the island of Borneo—occupy a strategic geographical position, ideally placed for budding trade routes between the Pacific and Indian oceans. Myanmar recently held free elections for the first time in a quarter of a century. Southeast Asian oil and gas imports are expected to surge over the next decade as the region's GDP growth continues to rise, yielding a thirst for more energy. Indonesia, the region's largest economy, is also its biggest produc

Also in this section
13 March 2025
Gas will become a more important part of the energy mix longer-term raising the alarm for much-need investment as supply struggles to keep up with demand
13 March 2025
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
12 March 2025
Bearish market sentiment and bullish long-term outlook for oil and gas consumption prevails at CERAWeek