PE Live: Asia Pac experts ‘bullish’ on LNG prospects
Low prices for LNG cargos and favourable emissions are boosting the construction of downstream facilities
Gas and LNG will remain the largest contributors to the energy transition in Asia Pacific nations for the foreseeable future, an expert panel of speakers agreed on a PE Live webcast on Tuesday.
“If you look at Asia Pacific as a whole, gas and LNG is on the rise without doubt,” says Richard Nelson, partner, energy practice, at international law firm King & Spalding, who describes his outlook as “bullish”.
The only note of caution to temper his enthusiasm is that there remain constraints around infrastructure. For LNG importation to work, there needs to be terminal, marine and sometimes new power generating infrastructure, says Nelson. “In some markets that infrastructure does not exist
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