Energy Price Crisis
Philippines’ Gas Development Plans Are Environmentally Destructive
The Philippines' drive to pivot to LNG imports and gas-to-power development is a step in the wrong direction. Pricing dynamics for the fuel along with its carbon emissions render those plans problematic at best. Renewables offer a better alternative.
Why is LNG Not Ideal for the Indonesian Energy Transition?
Indonesia, a major LNG exporter, is diverting more cargoes for domestic consumption to help offset its overreliance on coal needed for power production. But, renewables offer a better economic and climate change mitigation option to help drive its growing economy.
Upcoming LNG Projects in Asia: The Outlook for 2023 and Beyond
Developing Asian countries have felt the financially-devastating consequences of relying on natural gas. Yet, they are planning for a massive buildout of LNG terminals – a move that will lock them in a future of stranded assets, high power costs and energy independence.
LNG’s Stranded Asset Risk in Asia: Warnings, Project Delays and Cancellations
Gas prices are projected to remain high for the next couple of years, while available volumes are to remain scarce. As a result, bringing new LNG projects online in Asia won’t get any easier and more delays and cancellations are potentially waiting around the corner.
Unaffordable Fuel Prices Stall Asia’s LNG Expansion
As high gas prices rock global markets, Asia is facing a permanent contraction in demand for LNG and looking toward other energy sources. Several LNG facilities across Asia could go underused or risk cancellation.
LNG Remains Too Volatile for India’s Energy Sector
India has been developing considerable LNG import infrastructure. However, high gas prices and carbon emissions are worrying issues.
South Korea’s LNG Reliance
South Korea is deeply involved in the development of LNG import and gas-to-power infrastructure across the Asia. It must divert its resources to renewables.
Gas Demand Destruction to Give Way to More Renewable Energy Development
The cost of the LNG used for power production and the industrial sector could be devising in its own downfall due to gas demand destruction.
The Economic Benefits of Renewable Energy For Asian Countries
At a time of soaring inflation, exorbitant fossil fuel prices, unreliable power supplies and a never-ending energy crisis, Asian countries should start considering the economic benefits of renewable energy.
Fuel Crisis 2022 Hampers Economic Development and Clean Energy Transition Goals
The effects of the ongoing fuel crisis in 2022 are being felt globally. They are hampering economic development while enriching some of the most repressive and wealthiest regimes on the planet.
Japan Should Stop Forcing LNG Onto Developing Countries
The Japanese government must stop forcing gas and its LNG infrastructure ambitions onto developing Asian nations.
Oil Companies Post Record Profits in 2022 Amid Global Energy Crisis
Oil majors had some of their highest profits ever during the second quarter of 2022 causing global outrage as inflation rates rise, the war in Ukraine continues and natural disasters causing devastation. The actions of energy giants can be connected to these global issues by causing or profiting from them.
COP27 Egypt and the Outlook For Natural Gas in Asia
COP27 has shown that while gas won't be going away soon, its faith is already determined. And Asian countries should be aware of that.
High Energy Prices Wreak Havoc on Sri Lankan, Bangladeshi and Pakistani Economies
Before Russia’s invasion of neighbouring Ukraine, Sri Lanka, Bangladesh and Pakistan had set their hopes on LNG to diversify their respective power generation mixes away from an overreliance on coal. However, record high LNG prices in the Asia-Pacific region, for both spot procurement and LNG indexed to crude oil, have wreaked havoc on these countries.
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