LNG

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.

Gas Deals at COP27 Egypt: All You Need To Know

There is a feeling that COP27 did more for fossil fuels than clean energy. However, convinced of the benefits of the latter, some Asian countries are actively progressing towards a more sustainable, cost-efficient and resilient energy system.

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.

Environmental Issues in the Philippines and New LNG Projects

The fossil gas expansion in the Philippines, mainly fueled by SMC, is taking place amid the worsening climate and energy crisis. The move risks burdening the nation with high energy costs, unreliable supply, stranded asset risk, increased energy dependency and a devastating impact on the environment.

San Miguel Corporation’s LNG Projects and their Implications for the Company and the Philippines

Natural gas has successively been shown to oppose the goals of solving the energy crisis. It causes environmental issues and won't help the Philippines decarbonise. Gas is now an impractical choice for the San Miguel Corporation, the regions biggest LNG developer.

High LNG Prices in Asia: Risk Causing Permanent Demand Drop

The demand for LNG in Asia is plummeting. Developing nations can't bear with the high gas prices and are actively looking toward renewables. Even fossil fuel stewards are starting to have second thoughts. And if the high gas prices continue, which seems likely, the demand drop might be irreversible.

Top Concerns of Young Filipinos and How LNG Expansion Magnifies Them

The United Nations General Assembly declared that everyone has a right to a healthy environment. But with the country's LNG developments, the hope for a healthy future for young Filipinos, especially island-dwellers, is uncertain. A climate advocate speaks about why young Filipinos should oppose LNG projects in the country.

Asia’s Banks Push the Region Towards Fossil Gas Future

After following the money trail behind the fossil gas expansion in Southeast Asia, a new report by CEED finds that thanks to the significant financial support, nations in the region are locking themselves into a fossil gas future.

The Philippines’ Presidential Candidates 2022 Should Pursue Renewables and Halt LNG

Halting LNG expansion plans may be against the dominant trend in Southeast Asia, but the Philippines' presidential candidates must make the tough decisions if the country wants to mitigate its finance, energy dependence, stranded asset and climate risks.

LNG: The Rise of Liquefied Natural Gas

Liquid natural gas (LNG) is an energy-dense fossil fuel that produces fewer emissions than coal and oil. Many people see it as a "transition fuel" for the global energy transition causing an increase in demand over the past few years. We expect that the upcoming decade will be pivotal in defining LNG's role in the world's future energy mix.

What is LNG Used for?

LNG prices saw record highs in 2021 caused by unprecedented demand. The global impacts of COVID-19 primarily drove the demand, but this appetite for natural gas may continue in the future. Natural gas is a versatile fuel source, and LNG is an effective way to transport it over long distances.

Singapore LNG Hub for Asia: What are the Plans?

Singapore has historically been a hub for petroleum in Asia, acting as a market between the east and the west. With LNG demand surging, they are hoping to play the same role for LNG.

5 Major LNG Projects to Keep an Eye on in 2022

Increasing demand has been driving up LNG prices since 2021. Experts expect that this demand will continue to grow, and without new LNG infrastructure, demand will outstrip supply. Luckily, several major LNG projects are in progress, and more are expected to follow.

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