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 NickBrowne, Senior Analyst, Gas Research, Wood Mackenzie
Next month’s Annual Gas Asia Summit (GAS) in Singapore will focus on the theme of "Multilateral Co-operation to Connect Gas Markets" and explore the strategic and commercial challenges faced throughout the region.
The first weld on Russia’s ambitious Power of Siberia pipeline was made on 1st September at a ceremony attended by numerous dignitaries, including Russia’s President, Vladimir Putin, Gazprom Chairman Alexey Miller, and Zhang Gaoli, First Vi
Several new producers are hoping to begin selling gas to Asia soon, including those in North America and East Africa, but with Russia entering this market in around 2018 at a competitive price, some may struggle.