Amid ongoing geopolitical tensions, 2023 has brought promising signs of pragmatism about energy but also fresh challenges to negotiate.
ANGEA on the ground
|Feb 6-9 – ANGEA attends India Energy Week in Goa.
|Nov 16 – ANGEA launches major carbon market project on sidelines of APEC Summit.
|Oct 23-27 – ANGEA participated in Singapore International Energy Week.
Regional Energy Economic Snapshot
Demand for regional domestic and industrial energy forecast to grow by almost two-thirds by 2040.
Annual net import spend forecast at more than US$300 billion by 2040.
US$2.1 trillion in energy investment needed throughout the region.
US$425 billion investment required for natural gas supply infrastructure.
The right energy mix – balancing the needs for greater energy reliability and environmental outcomes.
Our Developing Role
Asia Pacific leaders – like most governments around the world – are looking for the most effective and economically responsible pathway to transition to a low carbon future.
Natural gas and other low carbon energy sources can play an important role in the region’s transition away from generating energy using high carbon fuels.