Asian Gas Demand: Options to maintain energy supply security
Gas & LNG
Responses to the high global LNG spot prices pulling cargoes into Europe have widely varied in markets across Asia. Going forward, the effect of the short-term market volatility on long-term gas demand will also diverge, depending on factors including energy demand growth expectation, resource availability, affordability, technology development plans and decarbonization goals in each market. What are the short-term supply options across Asia in the current energy crunch? How does the high spot price environment impact domestic gas price liberalization effort? Will the short-term market fundamentals reduce the role of natural gas in the region’s long-term energy mix? How do LNG suppliers support Asian gas markets secure supply while addressing the long-term decarbonization goal?