Energy Security in Asia: The Case of Natural Gas

Natural gas consumption in the future is expected to increase due to its low environmental impact, ease of use and rise in the number of natural gas-fired power plants. This chapter measures natural gas supply security in six Asian economies including Japan, Korea, China, India, Singapore and Thaila...

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Main Authors: Cabalu, Helen, Alfonso, Cristina
Other Authors: John L. Simpson
Format: Book Chapter
Published: Springer-Verlag Berlin Heidelberg 2013
Online Access:http://hdl.handle.net/20.500.11937/20858
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author Cabalu, Helen
Alfonso, Cristina
author2 John L. Simpson
author_facet John L. Simpson
Cabalu, Helen
Alfonso, Cristina
author_sort Cabalu, Helen
building Curtin Institutional Repository
collection Online Access
description Natural gas consumption in the future is expected to increase due to its low environmental impact, ease of use and rise in the number of natural gas-fired power plants. This chapter measures natural gas supply security in six Asian economies including Japan, Korea, China, India, Singapore and Thailand from 1996 to 2009. Disruptions to long term security of supply can be caused by inadequate investments in production and transmission infrastructure, lack of supply diversity and import dependency. A composite gas supply security index is derived from four indicators of security of gas supply, with a higher index indicating higher gas supply vulnerability. Results show that China and India are the least vulnerable in terms of natural gas security because of their significant domestic gas production and small share of gas in the energy mix. Thailand is the most vulnerable among the countries studied due to its high reliance on natural gas to power its electricity generation industry as well as its greater exposure to geopolitical risks. With these analyses, governments can target possible sources of supply disruptions and mitigate their effects. Diversification is highly encouraged to spread the risk across different import and energy sources.
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publishDate 2013
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spelling curtin-20.500.11937-208582023-02-08T03:56:56Z Energy Security in Asia: The Case of Natural Gas Cabalu, Helen Alfonso, Cristina John L. Simpson Wim Westerman André Dorsman Natural gas consumption in the future is expected to increase due to its low environmental impact, ease of use and rise in the number of natural gas-fired power plants. This chapter measures natural gas supply security in six Asian economies including Japan, Korea, China, India, Singapore and Thailand from 1996 to 2009. Disruptions to long term security of supply can be caused by inadequate investments in production and transmission infrastructure, lack of supply diversity and import dependency. A composite gas supply security index is derived from four indicators of security of gas supply, with a higher index indicating higher gas supply vulnerability. Results show that China and India are the least vulnerable in terms of natural gas security because of their significant domestic gas production and small share of gas in the energy mix. Thailand is the most vulnerable among the countries studied due to its high reliance on natural gas to power its electricity generation industry as well as its greater exposure to geopolitical risks. With these analyses, governments can target possible sources of supply disruptions and mitigate their effects. Diversification is highly encouraged to spread the risk across different import and energy sources. 2013 Book Chapter http://hdl.handle.net/20.500.11937/20858 Springer-Verlag Berlin Heidelberg restricted
spellingShingle Cabalu, Helen
Alfonso, Cristina
Energy Security in Asia: The Case of Natural Gas
title Energy Security in Asia: The Case of Natural Gas
title_full Energy Security in Asia: The Case of Natural Gas
title_fullStr Energy Security in Asia: The Case of Natural Gas
title_full_unstemmed Energy Security in Asia: The Case of Natural Gas
title_short Energy Security in Asia: The Case of Natural Gas
title_sort energy security in asia: the case of natural gas
url http://hdl.handle.net/20.500.11937/20858