alternative fuel prices in Asia
CNG price in Asia in
Given the growing demand for gas, Southeast Asian countries are preparing to become net importers of gas and secure their supply. LNG will be the preferred source of natural gas, thanks to its flexibility and wide availability at competitive prices in world markets.
Along with China and India, Southeast Asia is helping to shift the center of gravity of world energy markets towards Asia, thanks to its high rates of GDP growth and energy demand.
Energy demand is projected to grow significantly in Southeast Asia by 2050, with notable expansion potential for natural gas. This is the case of the transport sector. Given the growing demand for gas, CNG will be the preferred source of automotive gas, thanks to its flexibility and competitive prices in world markets.
The price of compressed natural gas in Asia is cheap and a very valid alternative to alternative fuels