Contributed by: KovidRawat, Research Analyst, Energias Market Research & Consulting
Asia-Pacific is a fast-evolving gas market characterized by destination restriction, orthodox policies and monopolistic domestic supply infrastructure. However, the scenario is set to change as major Asian countries are liberalizing the gas policies.
The Association of South East Asian Nations (ASEAN) celebrates its 50th anniversary this year. It consists of 10 countries, with a combined GDP of US$2.8 trillion, making it the 6th largest economy in the world.
Contributed by: QamarYasin, Research Associate, China University of Petroleum (East China)
In order to encourage pilot projects for the exploration and exploitation of shale gas in Pakistan and to make such discoveries commercially viable, the following special incentives are recommended for pilot projects testing and production phases:
Interview with LucaTonello, Deputy General Manager and Head of Project & Export Finance, Sumitomo Mitsui Banking Corporation
With LNG finding a role as a fuel of choice in new markets, there has been a significant increase in demand. The most notable increase comes from Asian markets, with China’s LNG consumption dramatically increasing by approximately 35% each year.
Interview with Alan Yogi Lau, President Director , Anglo Euro Energi Indonesia, PT
Mr. Lau is a member of United Nations Economic Committee for Europe's Team Of Specialists on Public-Private Partnerships (TOS PPP) as well as a member of the task force on LNG best practice policy guidance, Group of Experts on Gas.
Contributed by: MatthewSecomb, Partner, White & Case LLP
Long-term LNG contracts with price review clauses continue to dominate the Asian LNG market. The pricing in those contracts remains predominantly oil-based. The evident reason for that is the absence of a reliable price signal for LNG itself in Asia.