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South East Asia market snapshot - March 2016

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Report summary

In March Indonesia faced challenges in future LNG production. The Indonesian President announced that Abadi will be developed as an onshore project instead of an FLNG therefore further delaying its project start up date. Also the Indonesian government announced that Bontang will shut down one LNG train by June or July this year because of declining gas supply. In Malaysia PETRONAS signed a 10 year LNG SPA with Toho Gas with flexible terms.New coal projects are progressing in Vietnam and the Philippines. In Vietnam this comes despite the announcement to halt new coal projects by the Vietnamese Prime Minister in January this year. Meanwhile in the Philippines it comes despite the country's very aggressive COP21 commitment made in November last year.

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Tables and charts

This report includes 3 images and tables including:

Images

  • Bontang Utilisation
  • Coal-fired power plant developments announced in late February to March 2016

Tables

  • South East Asia market snapshot - March 2016: Table 1

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