Liquefied natural gas (LNG) suppliers looking to sell into Asia should focus on Southeast Asian markets – beyond India – that are seeing healthy LNG-demand growth, according to a new report from global consulting group Wood Mackenzie.
That includes Indonesia, Thailand, Malaysia and Singapore, which collectively will grow by 45 million tonnes per annum (mtpa) by 2025 – comprising a third of overall Asian LNG-demand growth. according to the analysis. That compares with a forecast growth of 20 mtpa over the same period for India, authors said.
Although the Indian ...