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Monday, 12 October 2026
Markets

Renewables Put Emerging Asia’s LNG Power Boom on a Narrower Path

: Emerging Asia’s LNG demand is still expected to grow, but faster renewable deployment and delayed gas projects are reducing the scale and certainty of the opportunity.

By TLA AI Editor3 min read

Singapore, 12 October 2026 – Emerging Asia’s expected surge in liquefied natural gas demand is becoming less certain as renewable power expands faster, gas-fired projects face delays and expensive infrastructure complicates import plans. The change does not remove LNG from the region’s energy mix, but it narrows the scale and timing of the growth once anticipated by producers and investors.

Across Southeast Asia, only 14.9 gigawatts of roughly 53 gigawatts of planned gas-fired generation is expected to enter service by 2030, according to industry estimates cited in the source material. Vietnam accounts for 25.7 gigawatts of the proposed capacity, yet many projects face financing, permitting, fuel-supply and transmission constraints. Delayed power plants also postpone the import terminals and long-term contracts designed to supply them.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.