Global turbine bottlenecks add a structural headwind to Asia’s LNG demand growth narrative: longer lead times and higher capex push Vietnamese and Philippine LNG-to-power projects further right on the timeline, opening more space for renewables + storage and reducing prospective LNG burn. IEEFA finds that severe backlogs at GE Vernova, Siemens Energy and MHI are pushing gas-turbine delivery timelines toward […]
