Insight
APAC Energy Buzz: The fork in the road for Asia’s oil and gas demand
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Report summary
Without a concerted push for more rapid decarbonisation, Asia’s long-term oil and gas demand outlook looks remarkably robust. But things could play out differently. If Asia Pacific can achieve a 2 ˚C pathway aligned with the upper temperature limit of the 2015 Paris Agreement, the outlook for regional oil and gas demand soon diverges. The huge uncertainties surrounding oil and gas demand in Asian have profound implications for energy companies. Who will meet the region’s future oil demand? Does E&P still have a role to play here? How much LNG will Asia really need? And where will this new supply come from?
Table of contents
- Gas demand optimism abounds, but attention must also focus on ensuring supply growth
- Asian oil demand highly susceptible to accelerated decarbonisation
Tables and charts
This report includes 1 images and tables including:
- Asian gas demand (green) resilience as oil demand (red) suffers in the AET-2
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