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.
Contributed by: Dr LawrenceHaar, Senior Research Fellow, King Abdullah Petroleum Studies And Research Centre
Although the 2015 sharp correction to prices in global energy markets has produced challenges for both producers and consumers, certain long term trends in how exposures to petroleum and natural gas markets may be managed should be noted.
Leader in the distribution of gas to industrial customers in Thailand, PTT Natural Gas Distribution Compagny Limited (PTT NGD) was founded in 1996 by a joint venture with PTT, the national gas company.
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.
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.
World consumption of natural gas grew by just 1.4% in 2013, well below the historical average of 2.6%, according to the latest statistical review of world energy from BP. Coal remained the fastest-growing fossil fuel, with consumption rising by 3%.
Future of LNG as Marine Fuel Looks Bright Seoul, 26 March 2014 – Liquid natural gas (LNG) could power the ships of the future in an eco-friendly manner if the marine industry takes the lead in the face of competitors tapping into the same energy source