{
  "id": 18317679,
  "title": "IEEFA: $67.8 Billion in Asian LNG Power Projects Scrapped or Stalled",
  "url": "https://urgent.news/2026/11/05/ieefa-67-8-billion-in-asian-lng-power-projects-scrapped-or-stalled",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T14:30:00.000Z",
  "source": {
    "name": "OilPrice",
    "slug": "oilprice",
    "url": "https://oilprice.com/Latest-Energy-News/World-News/IEEFA-678-Billion-in-Asian-LNG-Power-Projects-Scrapped-or-Stalled.html"
  },
  "original_language": "en",
  "account": "The Institute for Energy Economics and Financial Analysis (IEEFA) has revealed that over half of the proposed LNG-to-power projects worth $67.8 billion in four Southeast Asian countries have either been canceled or stalled since 2021. The report, published on Thursday, analyzed 109.2 billion dollars worth of proposed LNG-fired power projects and another 21 billion dollars worth of planned LNG import terminals in the Philippines, Vietnam, Thailand, and Bangladesh. Of the 49 proposed LNG-fired power plants and 22 regasification terminals that were canceled or showed no progress between 2021 and 2026, the total value of these projects is nearly 4.5 times the value of the completed projects during the same period. The report's co-authors, Sam Reynolds and Christopher Doleman, attribute the cancellations and delays to rising costs and risks for project financing, including spikes in LNG prices, depreciation of Asian currencies against the US dollar, long lead times for gas turbines in a tight equipment market, and higher capital costs. The report also highlights the potential impact of the AI boom and data center construction in Asia on Southeast Asia's LNG demand outlook, which could provide a significant upside for the region's LNG market.",
  "summary": "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 risks for project financing, the Institute for Energy Economics and Financial Analysis (IEEFA) said in a report on Thursday. The five-year analysis of $109.2 billion worth of proposed LNG-fired power…",
  "key_points": [
    "$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"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}