Supply & Demand

South Asia’s growing gas markets and the role of LNG

The LNG markets of South Asia are expected to undergo substantial expansion over the next few years. While LNG will be essential to gas market expansion in the region, challenges remain The LNG markets of South Asia are expected to undergo substantial expansion over the next few years. While LNG will be essential to gas market expansion in the region, challenges remain.
By Catriona Scott 29 June 2018 0 31520
Kochi LNG terminal, India India currently has 30 mtpa of regas capacity and is set for major expansion this year. (Wikicommons)

South Asia is set for major growth in LNG imports. Supported by new infrastructure and supply contracts, imports will jump between now and the end of the decade. India is already the fourth-largest global LNG importer, and has plans for considerable market expansion. Pakistan has seen marked growth since it started importing LNG in 2015 and has plans for additional terminals. Bangladesh is just beginning to import LNG and could see a second terminal commission this decade. However, while LNG is set to play an...