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ASEAN region set to become net gas importer by 2025 [Gas in Transition]

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ASEAN region set to become net gas importer by 2025 [Gas in Transition]

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Natural Gas News
ASEAN region set to become net gas importer by 2025 [Gas in Transition]

Summary

Declining indigenous supply will pose added energy security concerns for the region, according to the ASEAN Centre for Energy. [Gas in Transition, Volume 3, Issue 8] by: Gary Lakes

Numerous issues came to the fore during the recent East Asia Summit (EAS) – key among them, energy cooperation and transitioning to a net zero economy. In an ending speech at the summit, its chairman, Indian foreign minister Retno Marsudi took note of the need to mitigate the impact of climate change while ensuring energy security and resiliency in East Asia. EAS attendees also committed to take concrete action to facilitate energy transition financing, as well as technology transfers on voluntary and mutually agreed terms. And they endorsed joint deployment, capacity building and human resource development. Enhancing energy cooperation through the Asia Zero Emissions Community initiative was emphasised as a mean...

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