Insight
At what price is LNG affordable in Asia?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
With global LNG supply set to grow 40% by 2030, lower spot LNG prices will kick start a new phase of LNG demand growth across Asia. Affordability has often been a constraint for gas and LNG demand growth, particularly in the power sector, where regulated electricity tariffs remain below import costs across many Asian developing markets, making subsidies critical for LNG imports. Could lower spot LNG price later this decade close the gap with regulated tariffs, unlocking latent demand? This insight identifies the LNG price thresholds that could trigger demand growth in four key Asian markets—China’s Guangdong province, Vietnam, Thailand and Bangladesh. We analyse power tariffs, domestic gas pricing systems, regulatory and policy frameworks to determine spot LNG price levels needed to meet local affordability limits within the power sector.
Table of contents
- Executive summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Global Upstream Update: September 2026
Key themes: novel resource capture strategies, growth opportunities but with caveats, and tougher expansion challenges reveal themselves.
$1,350
Insight
The Middle East Conflict: at what price does the oil market rebalance?
A Brent price above $200/bbl is required to drive demand down to match the supply lost from a prolonged closure of the Strait of Hormuz
$1,350
Commodity Market Report
Macro oils short-term outlook: April 2024
This quarter’s tighter fundamentals provide support to prices as the oil market focuses on political risk
$2,000
