Southeast Asia is a critical market for the global energy sector with an important production of fossil fuels and a rapidly growing consumption of fossil fuels and electricity. At a challenging time for energy and global growth, the integration of power in ASEAN could also bring new opportunities for the region.
Many Southeast Asian countries produce fossil fuels. While gas production grows, some oil exporting countries now become importers to meet a rising internal demand. With useful data, maps and graphs, here are some clues on the production, distribution, consumption and trade of oil and gas in the region.
A leader in energy production and consumption in Southeast Asia, Thailand is committed to diversify its energy sources towards renewable ones. With ambitious plans for the different alternative energies to be implemented by 2021, the Thai government also has planned for incentives to attract energy producers and investors.
The development of Southeast Asia in the next 30 years will require a lot of energy. Yet, producing fossil fuels becomes challenging and clean renewable energy technologies are still in their infancy. A Bloomberg report presents how Thailand, the Philippines and Indonesia manage these new issues to power up for the future.
The access to reliable and affordable sources of energy plays a critical role in the economic development of any country. A report presented the challenges of Myanmar and Laos to manage their energetic resources and develop their economy in relation with their Southeast Asian neighbors.
A detailed and enlightening report from various experts on the production, distribution, security, regulation and evolution of the energy sector in Indonesia from the Economist’s Intelligence Unit, with an eye on the future and investment opportunities, risks and uncertainties.