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
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth