Asia gas body urges winter coordination
The demand side will have a greater short-term role than supply in the potentially difficult months ahead
Suppliers will do what they can to aid a looming winter gas crunch, but their short-term levers are limited. Consuming countries must put a full raft of policies in place, including regional cooperation. So says Paul Everingham, CEO of the Asia Natural Gas & Energy Association (Angea), which represents gas producers, shippers, consumers, equipment manufacturers and plant contractors in the Asia-Pacific region. The global LNG market may tighten even further in the northern hemisphere winter. On the supply side, what measures are Angea members taking to help with, for instance, plans to run liquefaction facilities above nameplate capacity or to defer maintenance?
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks