An upgrade to its fleet of tankers could help Brunei Darussalam’s liquefied natural gas (LNG) sector weather external headwinds, which appear unlikely to ease in the near to medium term.
Asia Energy
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Incentives such as import tax reductions and feed-in tariffs could help lead Indonesia’s drive to boost investment in the country’s underachieving renewable energy sector.
Expectations are high for Brunei Darussalam’s downstream energy sector, as Pulau Muara Besar (PMB) island prepares to welcome the country’s first oil refinery and aromatics cracker complex, highlighting the Sultanate’s growing potential as a destination for value-added processing.
Rising domestic consumption and dwindling hydrocarbons reserves will increase pressure on Thailand’s downstream energy and petrochemical firms to secure feedstock, though lower international oil and gas prices have helped reduce production costs for now.
Falling global coal prices and rising domestic demand will see a growing number of private coal-fired power plants open in the Philippines by 2020, dramatically improving electricity supply in the wake of continued shortages.
Economic update | Mongolian coking coal may heat up
29 May 2015
A shift by Chinese buyers away from foreign suppliers to Mongolian coking coal, combined with increased optimism over a return of foreign investors, may offset the sharp global downturn in both demand for commodities and in coal prices, though it will be some time before the effects of any rebound are felt in the industry.