Thailand joins Asia gas-reserves search
Facing voracious demand for energy, Asian countries are planning either to increase imports or seek new upstream opportunities
Thailand's PTT Exploration & Production (PTTEP) is chasing gas supplies everywhere from Mozambique to the Gulf of Mexico, as well as Southeast Asia and the Middle East. It's doing so in a year that should, according to GlobalData, produce a host of licensing opportunities under more hydrocarbon-friendly fiscal regimes throughout Asia and Oceania, as other countries wake up to the threat of imminent shortages. For instance, under the new revenue-sharing terms of the Hydrocarbon Exploration Licencing Policy (HELP), India will launch its first bidding round, while Indonesia will auction off more areas under its gross-split regime. The demand for foreign direct investment is rising rapidly.
Also in this section
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
