As Southeast Asia becomes the world's second-fastest-growing electricity market, the region faces two main paths. One is to commit to massive infrastructure to import Liquefied Natural Gas (LNG). The other path is accelerating renewable energy adoption, which requires a major update of the regional grid.
This report examines the financial risks of Thailand’s continued investments in midstream oil and gas infrastructure, including refineries and LNG terminals. As the world shifts towards net-zero emissions, these infrastructures face significant economic risks. The report details investment costs, with 189 billion THB for new oil refineries and 66 billion THB for new LNG terminal […]