A New Paradigm for Natural Gas Pricing in Asia: A Perspective on Market Value

Propelled in part by rising awareness of environmental issues, natural gas consumption is growing strongly in the Asia-Pacific region; while annual world growth averaged 2.7 per cent over the ten years from 1997 to 2007, consumption in the region soared 5.9 per cent.3 Trade in natural gas in this region revolves mainly around liquefied natural gas (LNG) which almost doubled from 61.73 million tons to 112.43 million tons over the same period.

By: Akira Miyamoto , Chikako Ishiguro

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