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Over $50 billion in gas and LNG projects at risk of cancellation in Bangladesh, Pakistan and Vietnam

Many in the industry said in the long run the fuel will be needed to back up wind and solar power, replace coal-fired power, and produce hydrogen globally. (Shutterstock/File)
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Updated 18 January 2021
Oil and Gas Middle East
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Over $50 billion in gas and LNG projects at risk of cancellation in Bangladesh, Pakistan and Vietnam

Updated 18 January 2021
Oil and Gas Middle East

January 18: Oil & Gas report by Carla Sertin states that emerging markets such as Vietnam, Pakistan and Bangladesh that are turning to liquefied natural gas (LNG) as a source of power are likely to be hit by higher and more volatile prices going forward, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA).

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Topics: Oil LNG Middle-East

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