Energy

Energy consumption in Thailand is set to jump by 75% over the coming two decades as the economy expands and a more affluent society takes to the roads in increasing numbers, according to a new report. However, this new growth and mobility will come at a cost, with dependence on oil imports set to rise and increasing susceptibility to external price shocks.

As one of the world’s largest consumers of water and electricity on a per capita basis, Qatar is looking to reduce its utilities usage. However, with the demand for water likely to outstrip supply in the near future, the government is also taking steps to boost capacity.

Looking to diversify its energy sources, Mongolia is stepping up efforts to expand the value-added content of its coal industry through developing a coal-to-liquids capacity, a move that could reduce energy import costs and provide cleaner fuel.

Companies servicing Malaysia’s oil and gas sector are using the experience and expertise gained during collaborative ventures with foreign firms as a launchpad for overseas expansion.

Rapid economic expansion in Papua New Guinea (PNG) has produced some challenges, including the question of how to supply electricity to a growing population spread across 450,000 sq km of rugged terrain. However, the government’s long-term bid to boost both generation and distribution capacity is making progress, with plans to build new infrastructure for the sector rapidly gathering pace.

Income from Kuwait’s hydrocarbons sector looks set to rise this year as the country ramps up oil production on the back of growing demand both locally and overseas, particularly from Asia.