, Philippines

Southeast Asia is energy industry’s next growth market

Region will be comparable to China and India. The International Energy Agency said people may be talking about Southeast Asia as the next emerging market for energy, just as people have been talking about China and India. has a combined population of about 600 million. Together, the 10-member Association of Southeast Asian Nations (ASEAN), China and India are really gradually shifting the center of gravity of the global energy market towards Asia, IEA said. ASEAN economies are expected to diversify their energy sources to include more clean energies with natural gas as an important option.

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