How High Gas Prices Are Constricting Asia


How High Gas Prices Are Constricting Asia

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15 December 2022 – by ETA Editorial

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In this episode, we speak with Gerry Arances. Gerry is the founder and executive director at the Centre for Energy, Ecology and Development in the Philippines, also known as CEED.

We focus mainly on the skyrocketing prices of gas and Liquefied natural gas, or LNG, and how that affects Asia, specifically the Philippines. We also look into how much investment has been made into gas infrastructure before the price hikes, if investing in one source of fossil fuel to transition to cleaner sources of energy was a good idea in the first place, if high prices are temporary or long-term, how Europe’s new appetite for LNG is affecting Asian gas supplies and raising costs, the impacts of high gas prices on everyday people and alternative ways forward such as looking into distributed renewable energy in the context of the Philippines and other Asian countries.

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