LNG future and challenges for Asia

Article by Avinash, Senior Engineer at GAIL India

Most Asian countries will need to import more gas to meet demand growth, as production fails to grow at the same pace as consumption. Over the medium term, half of the anticipated increase in gas consumption will require additional imports. Due to the geographical specificities of the region, LNG is expected to continue to play a leading role. Hence, Asia is forecast to absorb 80% of the incremental LNG imports over the medium term.

Only pipeline gas from the Former Soviet Union (FSU) and, potentially, Iran could compete with LNG to meet this growing demand and the country the most likely to be targeted is ...

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