Increased investment in import and distribution capacity should help Myanmar satisfy its growing appetite for liquefied petroleum gas (LPG), with the government looking to encourage usage of the fuel as part of plans to direct electricity towards industry.
Projects to expand refining capacity coupled with rising demand for downstream hydrocarbons products are attracting increased investment in Malaysia’s petrochemicals industry, while recovering oil prices are driving increased upstream expenditure.
Large-scale commitments by the Philippine government will increase sustainable power’s already significant contribution to the energy mix.
While Papua New Guinea continues to boost the role of renewables in line with long-term sustainable energy targets, gas-fired generation is also set to increase in order to meet current shortfalls in electricity supply.
Although fluctuations in international demand and pricing have put pressure on returns from Vietnam’s mining industry, the sector remains a magnet for foreign direct investment (FDI), a sign of confidence in its long-term prospects.
Major energy projects in the Philippines are set to receive a substantial boost following changes to the approval system, with new reforms expected to dramatically speed up implementation.
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