{
  "id": 241924,
  "title": "Gas Shortages and High Prices Derail Southeast Asia’s Power Buildout",
  "url": "https://urgent.news/2026/08/06/gas-shortages-and-high-prices-derail-southeast-asias-power-buildout",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-06T23:00:00.000Z",
  "source": {
    "name": "OilPrice",
    "slug": "oilprice",
    "url": "https://oilprice.com/Energy/Natural-Gas/Gas-Shortages-and-High-Prices-Derail-Southeast-Asias-Power-Buildout.html"
  },
  "original_language": "en",
  "account": "Southeast Asia is facing challenges in meeting its ambitious plans for gas-fired power generation due to supply chain bottlenecks, volatile LNG prices, and financing constraints, according to a new report by energy consultancy Wood Mackenzie. The six largest economies in the region – Indonesia, Malaysia, Vietnam, Singapore, Thailand, and the Philippines – aim to install 53 gigawatts (GW) of new gas-fired power by 2030, but are expected to only achieve one-third of this goal, or 14.9 GW, by the end of the decade. This shortfall is primarily attributed to supply chain issues, volatile LNG prices, and a global shortage of gas turbines, which has led to delivery lead times of at least five years for some projects. Singapore is the only market on track to meet its targets, with all major projects expected before 2030 secured for turbine supply. Other markets, such as Vietnam and Indonesia, are lagging significantly behind, with only a fraction of their planned gas capacity expected to start operating by 2030. The Middle East crisis has heightened concerns over gas supplies, prompting some governments to increase their reliance on coal for power generation, at least temporarily. While coal cannot fully replace lost gas supply, it can provide a buffer amid the ongoing energy market disruption. Despite this, the IEA anticipates that coal and gas-fired power plants will continue to play a role in Southeast Asia's energy mix through 2050, albeit with a growing emphasis on flexible operation and clean energy as policy priorities.",
  "summary": "Southeast Asia is falling short of its ambitious projects to boost gas-fired power generation to meet growing electricity demand and replace some of the coal use. Fuel availability, volatile prices, and supply chain bottlenecks threaten to drive up costs and delay projects by years, energy consultancy Wood Mackenzie says. Six of the biggest Southeast Asian economies and power markets – Indonesia,…",
  "key_points": [
    "Southeast Asia aims to install 53 GW of gas-fired power by 2030.",
    "Only 14.9 GW expected to be operational by decade's end.",
    "Singapore on track to meet targets, others lag significantly."
  ],
  "editors_take": "Southeast Asia's power buildout is set to underachieve due to gas supply constraints, forcing some governments to turn to coal and delaying the region's transition to cleaner energy sources.",
  "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."
}