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Natural gas & LNG

Asia Pacific August 2019

Regional analysis & forecasts
Economic overview

Asia’s leading economies are forecast to see limited economic growth this year and next.

The outlook for weakening exports in Japan is weighing on the forecast for economic expansion in the country in 2019 despite stronger-than-expected growth in H1. Japan’s GDP is expected to grow by 0.9% in 2019 and 0.4% in 2020, according to a forecast from the International Monetary Fund released in July. The weak growth will hit Japan’s energy demand, and gains in gas consumption anticipated next year will be driven largely by...