Asian LNG-to-power setbacks carry implications for coal demand

Asian LNG-to-power projects face mounting cost and financing barriers in the Philippines, Vietnam, Thailand and Bangladesh, with implications for competition between fuels in these coal-consuming markets. Between 2021 and 2026, 49 proposed LNG-fired power plants and 22 import terminals were cancelled or inactive across the four countries. This five-year review focuses on LNG project outcomes, examining fuel-price volatility, gas-turbine shortages, […]