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Global energy markets were rocked after sanctions on Russia and record-level inflation — leading to concerns about energy security across the globe, especially as winter nears in the Northern Hemisphere.

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Energy & Commodities

The Burning Question: How Will Asia Manage Fuel Supply Risks This Winter?

Asian utilities, power generators and gas importers are bracing for unprecedented fuel supply disruptions this winter, with their European counterparts no longer ruling out the possibility that Russia could fully turn off gas supply to the region.

Natural gas accounts for around 24% of global energy supply, and just 11% of Asia's energy mix. But the dependency in Asia is concentrated in a few countries that pivoted to seaborne LNG for electricity generation.

These countries have initiated a range of contingency measures, some of which kicked in to meet the recent peak summer demand season. They include short-term gas procurement strategies, electricity and gas rationing to essential services, load shedding and enforcing restrictions on power consumption.

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