Asia Gas Factsheet #2: Gas Is A Bad Deal For Asia

November 18, 2021By OCI TeamAsia, Briefings, Factsheets, Fossil Gas, Resources No Comments

Asia is one of the few remaining growth markets for gas. The fossil fuel industry and its proponents are pushing to develop $379 billion of gas terminals, pipelines and power plants in Asia over the next decade. Roughly three-quarters of all Liquified Natural Gas (LNG) import terminals in development globally are planned for Asia. This aggressive buildout ignores a simple truth.