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    Multilateral Joint Study on the Liquefied Natural Gas Market

    Koyama, Ken; Kobayashi, Yoshikazu; Kutani, Ichiro; Li, Yanfei | January 2018
    Abstract
    The potential to use natural gas can be increased in the East Asia Summit (EAS) region where energy demand is continuously increasing, and countries are urged to address pollution and climate challenges. Its increased use has three main advantages in the region: Abundant resource potential, including unconventional gas; Less geopolitical risk as resource distribution is more geographically diverse compared to oil; and Lowest emission, including carbon dioxide, among all fossil fuels. However, in reality, the natural gas utilization rate is not high outside of countries that produce natural gas themselves and some countries that have promoted the use of natural gas through government policy. EAS’ average share of natural gas consumption is lower than the world average. This is due to a variety of factors. Therefore, in EAS countries, the advantages of natural gas are not being adequately exploited, and there is a potential for further expansion in the future. EAS countries may also have elements that hinder the increase in the use of natural gas. If this is the case, then policymakers in EAS countries should promote efforts to reduce and eliminate those impediments in their countries as well as in the international LNG market. This research will propose who should do what among the key stakeholders to expand natural gas utilization in the EAS region.
    Citation
    Koyama, Ken; Kobayashi, Yoshikazu; Kutani, Ichiro; Li, Yanfei. 2018. Multilateral Joint Study on the Liquefied Natural Gas Market. © Economic Research Institute for ASEAN and East Asia. http://hdl.handle.net/11540/8177.
    Keywords
    Aid And Development
    Asian Development Bank
    Comprehensive Development Framework
    Development Cooperation
    Development Management
    Development Planning
    Development Strategies
    Gas Development
    Gas Market Development
    Oil and Gas Industry
    Natural Gas Industry
    Gas Industry
    Rural planning
    Aid coordination
    Industrial projects
    Infrastructure projects
    Natural resources policy
    Educational development
    Gas Reserve
    Gas Distribution
    Oil and Gas Leases
    Natural Gas
    Communication in rural development
    Communication in community development
    Economic development projects
    Development banks
    Economic forecasting
    Environmental auditing
    Cumulative effects assessment
    Human rights and globalization
    Gasoline
    Natural gas supply
    Offshore oil and gas leases
    Gas leases
    Natural gas reserves
    Fertilizers and manures
    Gasoline pump industry
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    Citable URI
    http://hdl.handle.net/11540/8177
    Metadata
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    RPR_FY2016_06.pdf (1.842Mb)
    Author
    Koyama, Ken
    Kobayashi, Yoshikazu
    Kutani, Ichiro
    Li, Yanfei
    Theme
    Development
    Industry
     
    Copyright 2016-2020 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2020 Asian Development Bank Institute, except as explicitly marked otherwise