The continuing evolution of the Asian LNG market

The global LNG markets are evolving. This piece, examines the drivers behind the shift, and how LNG market dynamics are changing in Asia. Southeast Asia is expected to rely increasingly on LNG imports due to several factors. Chief among these is the long-term decline in domestic gas production and the difficulties faced by the national oil companies in rejuvenating their upstream assets, even as their economies continue to grow and energy demand continues to rise.