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: Avinash JeromeLakra, Senior Engineer, GAIL India
Most Asian countries will need to import more gas to meet demand growth, as production fails to grow at the same pace as consumption. Over the medium term, half of the anticipated increase in gas consumption will require additional imports.
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
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