AI Boom to Boost Southeast Asia’s LNG Demand ...Middle East

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AI Boom to Boost Southeast Asia’s LNG Demand
source : OILPRICE ( Middle East ) () 34
Demand for liquefied natural gas (LNG) in Southeast Asia has found a new major driver apart from the years-long efforts to switch away from coal-fired power generation. The AI boom and the data center construction in Asia are set to materially change Southeast Asia’s LNG demand outlook with a significant upside, as combined-cycle gas turbines (CCGT) remain the most reliable 24/7 power provider for hyperscalers amid relatively immature renewable energy-plus-batteries across the region, analysts at Wood Mackenzie say. As a result of the higher…

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