natural gas
The IEA’s World Energy Outlook 2023: Global and Asian Gas Demand to Peak by 2030
The International Energy Agency (IEA) reports that while clean energy adoption is accelerating rapidly, current policies will still push global warming to 2.4°C, far beyond the Paris Agreement's target. Global leaders must make COP28 count by pledging to achieve the IEA's five pillars for getting back on track.
Natural Gas Forecast 2023: Demand in Asia to Bounce Back
While natural gas prices are expected to remain low, they would still be above their historical averages. As a result, Asian countries' imports would still be costly, even in an ideal world without any market volatility.
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.
More Cities Are Banning Natural Gas In Homes: But Why?
Natural gas produces a range of pollutants associated with health issues and climate change. As a result, cities are starting to consider banning natural gas infrastructure in new buildings. So far, US cities are leading the charge, but there has been significant pushback from major natural gas companies.
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.
Vietnam’s Block B Gas Project – the Potential Impact on the Involved Parties
Vietnam has a vast potential for wind and solar power. Yet, the country pushes ahead with plans like the Block B gas project. In a world of highly-unpredictable gas prices where the end goal is net-zero, such a step can prove costly for all parties involved.
What Are the Advantages and Disadvantages of Natural Gas?
There are several pros and cons to using natural gas. While it is still a fossil fuel, it produces significantly less carbon dioxide than coal and oil. Yet, on the flip side, poor production practices, leaking transportation pipelines, and extreme price volatility raise questions about if it really is worth investing in.
The Global Natural Gas Pipeline Expansion Plans and Climate Impacts
The world is at an inflexion point between speeding up the renewable energy transition and locking itself in fossil fuels. The latest reports make a strong case for the latter.
The Global LNG Market and Long-Term Contracts – A Barrier to Net-Zero 2050
Asian countries are becoming victims of the lack of flexibility in long-term gas contracts. However, the associated energy security risk, volatile prices and supply/demand imbalances don't top the agenda of the primary concerns. The incompatibility of gas with the global net-zero efforts does.
Hin Kong – Could the Thailand Gas Project Derail AIIB’s Reputation?
The AIIB will later this month decide whether to fund Hin Kong, a 1,400 MW gas project in Thailand. However, the voices against such a decision are getting louder and louder. Will AIIB take the right step?
South Korean Green Taxonomy Declared ‘Gas is Green’
The government's decision to include gas in the Korean green taxonomy risks jeopardising the country's net-zero plans. Investors and environmental groups were quick to raise concerns, stating that, as a fossil fuel, gas carries high financial and climate risks. The question is will the Korean government listen?
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