The country’s largest utilities could have 11 million more tonnes of liquefied natural gas per year than needed by 2030. The resultant gas exports could create overcapacity and fry climate targets in emerging Asian markets, analysts say.
This is according to projections done by the city-state, which wants to scale up import capacity for shipped gas and cut reliance on pipelines from Indonesia and Malaysia.
The United States' decision to pause permits for new liquefied natural gas (LNG) export facilities does not threaten Asia’s energy security or decarbonisation goals.
Oleh
Sam Reynolds
Superpower rivalry at APEC with China and the US vying for influence in the Pacific expected to put extra pressure on the alliance.
Oleh
Aravind Yelery
The withdrawal of United States industrial gas company Air Products and Chemicals from planned state-linked facilities in Indonesia highlights cost challenges.
Oleh
Ghee Peh