Despite the gas pledge of Indian PM Modi back in 2017, his government is still pursuing a pro-gas agenda, which could lead to a spike in stranded assets.
Australia is at it again, wrestling with energy supply issues that intersect both gas shortages and the public’s concern over its continued LNG imports, fossil fuel development and usage.
Russian shipments of LNG to China in spite of sanctions display assertiveness and political gamesmanship by Russian President Vladimir Putin.
Last month Malaysian energy giant Petronas inked a deal to procure an estimated $43.4 billion of U.S. LNG over the next five years.
The Philippines still has the most coal-dependant grid in Southeast Asia, with coal still representing around 60% of the country’s total energy mix.
A new report out by the Institute for Energy Economics and Financial Analysis (IEEFA) is questioning India’s aspirations for a gas-based economy to replace other polluting fossil fuels.
Pakistan, which has grappled with significant gas supply issues for years, has set a goal that renewable energy make up 58% of its electricity production by 2030.
Last month, controversially, Vietnam imported its first Russian LNG cargo, as the country struggles to meet energy demand.
LNG carriers pose both a climate and financial risk, yet the shipping industry is seeing unprecedented growth, according to new research.
The NWS gas project, offshore Western Australia, has controversially been given a green light for extension from new PM Albanese.