Southeast Asian countries are expected to be key demand drivers for the LNG market by 2030, industry watchers say.
However, Europe's demand for LNG is expected to recede in a few years.
Tony Regan, the Asia-Pacific gas lead from NexantECA, an energy and refining advisory, expects LNG demand from Europe to peak in 2027, before falling in 2030.
"This is where I think all the action is actually going to be: Southeast Asia, particularly Vietnam, Thailand, Indonesia," said Regan.
So that's going to create a strong pull on energy from Vietnam," said Regan.
Persons:
Tony Regan, Regan
Organizations:
LNG
Locations:
Europe, Ukraine, Asia, NexantECA, Southeast Asia, Vietnam, Thailand, Indonesia