Myanmar’s energy sector is set to remain on a steady headline growth trajectory in 2018, with rising domestic electricity and fuel consumption, abundant renewable resources, and a strategic geographic location at the crossroads of India and China continuing to offer opportunities to foreign investors. Although the upstream oil and gas segment’s near-term outlook is subdued given current global...
Asia Energy
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Occupying a strategic position at the crossroads of India, China and Thailand, and now in its seventh year of sweeping economic liberalisation and political transition, Myanmar remains one of the fastest-growing economies in South-east Asia.
Chapter | Infrastructure from The Report: Indonesia 2018
An infrastructure boom is under way in Indonesia, after the administration of President Joko Widodo committed to developing $414.6bn of new public works projects between 2015 and 2019, including large-scale transportation, utilities and ICT projects, as well as new schools, hospitals, and water supply and treatment plants. In recent years the government has mobilised a coordinated effort to...
Once a key pillar of the Indonesian economy, the energy sector has declined in influence as oil and gas production has fallen. The hydrocarbons segment, which is valued at an estimated $20bn, contributed 3% to state revenues in 2016, down from 14% in 2014 and 25% in 2006. Yet the value of Indonesia’s energy sector cannot be reduced to its direct contribution to national GDP, as the power and...
With investment in industrial zones, SEZs, infrastructure and priority industries set to increase in the coming years, Indonesia remains extremely well positioned to capitalise on its position as a regional leader.
Papua New Guinea’s energy sector has undergone a dramatic transformation over the previous decades, with liquefied natural gas (LNG) becoming the sector’s biggest growth driver. The multibillion-dollar PNG LNG project is now operating well above nameplate capacity, and LNG export revenues are expected to remain a major pillar of the economy in the coming decades. Ongoing exploration activities...