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South Asia in race to be global LNG hotspot as Dhaka enters market
Analysts say the region could import 80-100 million tonnes of the gas a year by the mid 2020s
Add BT as a preferred sourcePublished Wed, Aug 2, 2017 · 09:50 PM
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Singapore
SOUTH Asia, long a backwater for energy markets, is emerging as a hotspot for liquefied natural gas (LNG), with Pakistan and Bangladesh set to join India as major consumers, helping to ease global oversupply that has dogged this market for years.
Only India and Pakistan currently import LNG in South Asia, taking in a combined 25 million tonnes, or 8 per cent of global demand last year.
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