Creating Favorable Investment Climates and Economic Conditions for Natural Gas in the Indo-Pacific
One of the fastest growing economic regions in the world, the Indo-Pacific accounts for more than half of global energy consumption, with 85 percent derived from fossil fuels. At the same time, increasingly competitive renewables are reshaping the global gas industry as countries in the Indo-Pacific look to liquefied natural gas (LNG) imports and highly efficient, natural gas-fired generation as a means of balancing grid variability.
As regional energy demand continues to grow over the next 10 years, the share of LNG demand is expected to nearly double
The webinar will discuss
Please send any questions to Sarah Blanford at [email protected].
Overview of AGP
In 2019, the U.S. Agency for International Development (USAID) launched the U.S.-Asia Gas Partnership (AGP). AGP convenes a diverse set of stakeholders to optimize gas network infrastructure planning, in collaboration with the U.S. Energy Association (USEA) and the National Association of Regulatory Utility Commissioners (NARUC), to develop domestic gas markets in Asia. AGP supports strategic planning to promote the development of resilient and least-cost power systems that will continue to meet demand over time.
The objective of the AGP is to share best practices in the development of secure, reliable, and economic sources of natural gas. Practical training and strategic advice targeted at ministries and regulators aims to drive more informed policy and decision-making. With a long-term vision to enable the creation of a regional gas market, the AGP will facilitate a shared understanding between government officials and the private sector about the technical, commercial, and economic factors that spur investment.