Southeast Asian exporters feel the pinch in 2016

Falling LNG prices in 2016 hit revenues for Southeast Asia’s LNG exporters, but volumes remained remarkably stable year on year Falling LNG prices in 2016 hit revenues for Southeast Asia’s LNG exporters, but volumes remained remarkably stable year on year.
By Andrew Walker 16 March 2017 0 25071

The value of the LNG exported from Southeast Asia fell by 34% year on year in 2016, with Indonesia, Malaysia and Brunei receiving just over $15 billion for their shipments. This followed a 37% decline in 2015 compared with 2014. Exports of oil and gas make a significant contribution to all three countries’ national budgets, and these large declines will affect government spending.

In the face of growing LNG supply – with new export capacity coming online in...

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