LNG

LNG firms should look to small-scale to unlock SE Asia

Countries in Southeast Asia are vying to become trading hubs for a small-scale LNG market that has yet to emerge Countries in Southeast Asia are vying to become trading hubs for a small-scale LNG market that has yet to emerge.
By Andrew Walker 9 August 2018 0 32093
The first LNG delivered to Singapore’s LNG terminal The first LNG delivered to Singapore’s LNG terminal. (Shell)

Companies seeking to develop LNG import infrastructure in Southeast Asia should promote small-scale projects to unlock demand in the region, as upstream discoveries could leave larger projects underutilised. 

Growing demand for gas in countries such as Vietnam, Myanmar and the Philippines – coupled with higher oil prices – is encouraging companies to return to exploration, meaning the need for LNG in these countries may be short-lived. Smaller-scale projects reduce the risk of underuse compared with traditional multimillion-ton designs and can be more easily tailored to meet...