The week in energy: more support for gas, the reality of coal and carbon fizz for your Coke

Each week, the Asia Natural Gas and Energy Association (ANGEA) compiles stories from the energy world that have caught our eye.          

Given the region in which we operate – and our purpose – this collection of content is largely Asia-focussed. But we also look further afield, knowing that developments, trends and technology from around the world also have an impact across our region.          

Here’s what has resonated over the past seven days. 

More support for natural gas in Southeast Asia
A couple of notable shows of support for natural gas as an energy source this week – and from quite different places. 

The first came from leading independent energy research firm Rystad Energy, with in-depth analysis of the role of natural gas in energy security and energy transition in Southeast Asia. 

Analysts found that whichever way countries accessed gas – through domestic production, piped supply or LNG imports – it was critical to supporting economic growth and progress on climate targets (read the full story here: https://bit.ly/3QPkcFY )

Meanwhile, the 41st ASEAN Ministers on Energy meeting wrapped up in Indonesia with a joint declaration on the energy outlook that acknowledged the importance of gas. 

Also recognised in the document were the need for greater collaboration and connectivity on LNG infrastructure and the pivotal role of carbon capture, utilisation and storage solutions in energy transition. 

Read the full declaration: https://bit.ly/45oPveZ 

ASEAN focus on cooperation in energy transition
The joint declaration from the Ministers on Energy Meeting built on a themes that emerged from the 29th ASEAN Economic Ministers-Ministry of Economy, Trade, and Industry of Japan Consultation. 

Wide-ranging bilateral cooperation on energy transition initiatives and Japan’s vital ongoing leadership role in energy matters were among the key points of discussion. 

Read more: https://bit.ly/3E9Joze  

India’s lean into gas gaining momentum
There was another encouraging sign for Indian energy transition during the week, with news that GAIL – the country’s biggest gas provider – was looking at direct investment in US LNG projects. 

Such an investment, and the likely accompanying long-term LNG contracts, would benefit energy security and also support Indian Government plans to significantly increase the use of natural gas in the energy mix. 

Read more: https://bit.ly/3qMNBG5 

The reality of coal
While continued Indian appetite for LNG is positive, it’s also worth remembering that coal currently makes up more than 70 per cent of the country’s electricity generation. 

The global affordability and availability of coal was highlighted during the week in an article from Yahoo Business which identified that seaborne coal trade was at an all-time high. 

One of the key recommendations of the recent Rystad Energy Study Into Energy Security in Southeast Asia was that gas-producing countries around the world continue to bring on more future supply, so that LNG can be a more accessible and affordable alternative to coal. 

Read more: https://yhoo.it/3skKPZf  

Exciting news for CO2 shipping
A noteworthy industry-academic collaboration was announced this week that could pave the way for widespread bulk shipping of C02 throughout Asia and beyond. 

The partnership will see researchers at Australia’s Future Energy Exports CRC, The University of Western Australia and Curtin University working with counterparts at Seoul National University and deepC Store to explore whether CO2 can be transported in greater volumes at lower temperatures and pressures.

From the industry side, the project will be supported by our member company Mitsui O.S.K. Lines, Osaka Gas, JX Nippon Oil & Gas Exploration, Daigas Group and Low Emission Technology Australia. 

The ability to capture, transport and then store CO2 in large volumes will be vital to decarbonisation in Asia over the next few decades – and shipping will be a key element of that. 

Read more: https://bit.ly/3E8Iqn0 

Putting the carbon fizz in Coke
Add soft drink to the growing list of commercial products that will benefit from spin-off products from carbon capture, utilisation and storage. 

Libergy Coca-Cola Beverages in New York is installing a “quadgeneration” system to generate electricity, run heating and cooling processes, and recover carbon dioxide to carbonate beverages. 

You can read more on this fascinating story here: https://bit.ly/3YSV6YU 

Carbon capture innovation on the agenda
It was a big week for carbon capture advancements, with Japanese chemicals company Kureha joining forces with Brazilian state-owned energy group Petrobras to develop a new way of capturing (and using) carbon dioxide from oil fields. 

Kureha is developing a prototype that will extract carbon from methane captured at off-shore rigs, with an aim to turn it into an easily shippable powder that can then be used to produce carbon nanotubes, which are used in lithium-ion batteries, electronic devices and autoparts. 

Read more: https://s.nikkei.com/3YJYKUF 

Batteries also feature in another of this week’s carbon capture innovations – this time as the technology doing the capturing. 

Researchers at the University of Surrey and the University of Peking are investigating whether Li-CO2 batteries can not only be made more efficient but also become more effective in absorbing carbon dioxide. 

Read more: https://bit.ly/47Ka7QH  

ANGEA is an industry association representing LNG and natural gas producers, energy buyers, suppliers and companies in APAC. Based in Singapore, it works in partnership with governments and societies across the region to deliver reliable and secure energy solutions that achieve national economic, energy security, social and environmental objectives and meet global climate goals.