South Asia’s $107 billion LNG gamble facing finance and energy supply threats amid Middle East conflict

With instability and vulnerabilities looming across global markets and power systems in the wake of the U.S. and Israeli attack on Iran, South Asia’s planned multibillion-dollar liquefied natural gas (LNG) infrastructure expansion is exposed to economic and energy security risks, according to Global Energy Monitor’s Asia Gas Tracker, a provider of comprehensive dataset of gas infrastructure across East Asia, South Asia, and Southeast Asia.

While energy markets react to price spikes following the Iran crisis and renewed shipping disruptions in the Strait of Hormuz, Robert Rozansky, Project Manager at Asia Gas Tracker, points out that South Asia is exposed to $107 billion LNG bet as the Middle East war rages. Based on the data from GEM’s Asia Gas Tracker, India, Bangladesh, and Pakistan have $107 billion in LNG terminals and gas pipelines proposed or under construction.

Rozansky