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: AndrewWalker, Asia Pacific Reporter, Interfax Europe
Thailand is set to import 36 mtpa of LNG by 2030, up from around 2.9 mtpa in 2016, as gas domestic production is set to decline rapidly after 2020, an official from the country’s Ministry of Energy told delegates at the
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.
Contributed by: Lian Yok Tan, Partner, K&L Gates LLP
Given the restrictions implemented by International Marine Organization (IMO) requiring lower exhaust emission of sulfur oxides (SOx), nitrous oxide (NOx), particulate matter (PM), and carbon dioxide (CO2), there will necessarily be a movement towards
Contributed by: RichardMason, Innovation Project Manager, Scotia Gas Networks
It is clear that the growing Asian market will have a significant impact on Europe. In a recent speech, Australian PM Malcolm Turnbull explained that it is his vision for Australia to become the world’s number one LNG provider in the next few years.