Asia-Pacific gas projects hit the wall amid regional economic slump

Gas processing complex at Rayong, Thailand, is part of a gas industry infrastructure in Thailand that had been booming until the economic downturn in Asia crimped gas demand and, consequently, regional gas expansion plans. Photo courtesy of Petroleum Authority of Thailand. This liquefied petroleum gas storage depot in southern Thailand is part of a midstream gas sector in that country getting squeezed at both ends as a result of the Asian economic slump. Not only is the slump in Asian gas demand reducing potential supplies in the Asia-Pacific region, the petrochemical industry that would receive feedstocks from gas processing facilities also...

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