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: 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.
Interview with Chong Zhi Xin, Principal Analyst for Asia Gas and Power, Wood Mackenzie
The arrival of new commodities traders dealing in LNG has caused a shift in the LNG market. Trading entities tend to be more responsive when it comes to meeting changing buyer demands. So what role will this play in the development of LNG hubs in Asi