Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

IEEFA: $67.8 Billion in Asian LNG Power Projects Scrapped or Stalled

More than half of proposed LNG-to-power projects, worth a total of $67.8 billion, in four key Southeast Asian markets have been either scrapped or stalled since 2021, amid rising costs that raise…

  • $67.8 billion in Asian LNG power projects canceled or stalled since 2021
  • 49 proposed LNG-fired power plants and 22 regasification terminals affected
  • Cancellations attributed to rising costs, risks, and AI-driven demand shift

More from Thursday 5 November →