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. (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...