Global gas market long-term outlook - Asia gas and LNG - H2 2018

Table of contents

• Asian LNG demand grew strongly in 2018
• China's strong demand momentum will be maintained although supply and infrastructure availability pose potential constraints
• The boom in Chinese LNG leads to a significantly higher forecast of r egional LNG demand
• Major Asian buyers are returning to long-term LNG procurement in a significant way
• Forecast now extended to 2040
  • See the supporting excel spreadsheet for gas demand by country by sector, gas market balances, power demand, generation mix, LNG demand and contracts, pipeline contracts and other key data.
• Regional demand
  • China accounts for two thirds of Asia's gas demand growth between 2018 and 2040
  • JKT – Japan’s nuclear restart program and South Korean energy policy are key to gas demand
  • South Asia – new infrastructure revives latent gas demand
  • South East Asia – transitioning from exporter to importer will hit gas demand growth rates
  • China gas pipeline trade
  • Other proposed transnational gas pipeline trade
• Asia has the worst air quality globally
• Carbon pricing in Japan, South Korea, China and Singapore
• Asia’s population growth slows
• GDP grows, but wide disparities in income levels will continue
• Electricity consumption per person increases – even in wealthy countries

Tables and charts

This report includes the following images and tables:

Asian LNG imports 2017 vs 2018LNG import growth from 2018 to 2035LNG contracting trends

What's included

This report contains:

• Global gas market long-term outlook - Asia gas and LNG - H2 2018

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