thumbnail

Meeting Asia's future gas import demand with stranded natural gas from central Asia, Russia, Southeast Asia, and Australia

SPE Economics & Management

By:
and
DOI: 10.2118/162870-PA

Links

Abstract

This analysis shows the important contribution that stranded gas from central Asia, Russia, Southeast Asia, and Australia can make in meeting the projected demand for gas imports of China, India, Japan, and South Korea from 2020 to 2040. The estimated delivered costs of pipeline gas from stranded fields in Russia and central Asia at Shanghai, China, are generally less than delivered costs of liquefied natural gas (LNG). Australia and Malaysia are initially the lowest-cost LNG suppliers. In the concluding section, it is argued that Asian LNG demand is price sensitive, and that current Asian LNG pricing procedures are unlikely to be sustainable for gas import demand to attain maximum potential growth. Resource volumes in stranded fields evaluated can nearly meet projected import demands.

Study Area

Additional Publication Details

Publication type:
Article
Publication Subtype:
Journal Article
Title:
Meeting Asia's future gas import demand with stranded natural gas from central Asia, Russia, Southeast Asia, and Australia
Series title:
SPE Economics & Management
DOI:
10.2118/162870-PA
Volume
5
Issue:
2
Year Published:
2013
Language:
English
Publisher:
SPE
Contributing office(s):
Eastern Energy Resources Science Center
Description:
SPE-162870-PA
Larger Work Type:
Article
Larger Work Subtype:
Journal Article
Larger Work Title:
SPE Economics & Management
Other Geospatial:
Asia;Australia