Mitigating extreme LNG price volatility in ASEAN

The study investigates what happened to the LNG market in ASEAN and surrounding regions, especially the extreme volatility of spot LNG prices and its impacts on the various economies and stakeholders in the region – some are producers, consumers, and producing and consuming economies. Indeed, the volatility and its implications, especially extremely high prices, have created difficulties in procuring LNG in the spot LNG market, leading to delays in project implementation and plans. Some players and economies have found opportunities to develop new resources.