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Rising demand set to turn SE Asia into net importer of fossil fuels

Mindy Tan

Published Wed, Oct 30, 2019 · 09:50 PM

Singapore

SOUTH-east Asia is on the verge of becoming a net importer of fossil fuels for the first time as rising fuel demand, especially for oil, has far outpaced regional production, warned the International Energy Agency (IEA) on Wednesday.

It added that the region is one of the few where demand for coal is expected to continue increasing over the coming decades.

Since 2000, overall energy demand has grown by more than 80 per cent, with the lion's share of growth being met by a doubling in f…

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International

International

Rising demand set to turn SE Asia into net importer of fossil fuels

Mindy Tan

KEYWORDS IN THIS ARTICLE

International

Philippines’ Recto sees rate-cut delay risk if peso sinks to 59

Ecuador president declares state of emergency over energy crisis

US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says

US expects to finalise new Aukus trade exemptions in next 120 days

IMF concerned about debt, fiscal challenges facing low-income countries

Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising

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