LNG

Southeast Asia set for LNG market growth

The small gas markets of Southeast Asia are growing. And as expansion plans result in more LNG being imported into the region, its importance as a hub is set to rise The small gas markets of Southeast Asia are growing. And as expansion plans result in more LNG being imported into the region, its importance as a hub is set to rise.
By Catriona Scott 20 July 2018 0 31723
Malaysia expects to see a rise in its LNG imports following the commissioning of the 3.5 mtpa Pengerang facility last year. (Petronas)

The gas markets of Southeast Asia are expanding, and with them the region’s LNG imports. Substantial growth in regasification capacity is planned that will boost Southeast Asia’s importance as an LNG hub and see the region’s smaller markets account for an increasing share of Asian LNG imports. However, not all of the new capacity proposed is expected to come online as planned, and the growth will face challenges.

Total gas demand in Southeast Asia – which includes Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam and Myanmar –...