The Philippines’ energy sector has recently seen its first imported LNG shipment, but regulatory, market and financial complications persist.

Developers of gas and LNG in Asia, especially Southeast Asia, are being challenged by cheaper wind and solar production costs.

Discussions over joint exploration of gas in Philippine- and Chinese-claimed waters face a mounting struggle amid increasing concerns over fossil fuel development.

A new report says that high prices may accelerate downward pressures on LNG demand, clouding long-term industry outlooks.

The Philippines is trying to revamp its power sector by building more gas to power projects along with several LNG import terminals, however there’s growing concern that LNG might not be the best option going forward.

Russia’s invasion of Ukraine has led to a sharp escalation in fuel prices, making it difficult for the import-dependent nation to keep the lights on.

Tokyo Gas, Japan’s largest city gas supplier, is to begin a methanation pilot programme using renewables to try to decarbonise city gas.

India’s gas market has been struggling to take off for over a decade, and is now being further tested by the impact of the Ukraine war on LNG prices.

Japan is considering its nuclear future to help reach its 2050 net zero goals, but opponents still point to safety concerns. Renewable projects, despite a lack of available land mass, remain a viable long-term alternative.

Japan’s transition plans have been accelerated, including in response to the Ukraine war, but the immediate focus remains on securing dispatchable supply and keeping the lights on.

While Europe is partly accelerating low-carbon programmes to wean itself off Russian energy in the light of the Ukraine war, the picture in Asia is more mixed, with many still associating reliable energy with fossil fuels.

The Ukraine war and its impact on global energy prices is creating headwinds for Thailand and its climate goals.

Southeast Asia, home to the 10-member Association of Southeast Asian Nations block, is playing catch-up in green hydrogen development. Other than Singapore, no members have included it in their respective energy policies, according to a recent report.

A massive expansion of China’s gas pipeline network threatens climate goals and creates a $89.1 billion stranded asset risk, showed a new survey, but some in the industry are not taking such warnings seriously.

South Korea recently and controversially included LNG in the energy transition sector of its Korean Green Taxonomy.

Japan’s 2050 Net Zero pledge and shorter-term climate goals have triggered increasing uncertainty around the country’s LNG demand outlook.