For many, the 21st century will be the “Asian Century”, mainly due to the extraordinary economic growth of China, India and South-East Asian Nations including Indonesia and Vietnam, areas that are assuming greater importance in global value chains. These countries are complemented by large economies including Japan, South Korea and Australia. Asian economic development has meant that, along with increased energy demand, there has also been considerable progress in terms of people's access to energy. The size of the demographies and economies involved make the region central to the energy transition: Asia Pacific now emits about half of global greenhouse gas emissions. Viewed from an energy perspective, the climate challenge becomes even more relevant in a continent largely dependent on unsustainable sources like coal, which continue to play a major role in electricity generation. Combating pollution is considered a political priority: China, for example, has raised the bar when it comes to climate ambition by announcing its intention to reach peak emissions by 2030 and carbon neutrality by 2060. Two years after the approval of the 14th Five-year Plan, Beijing has announced a number of large projects in the renewables sector, aiming to become a clean energy leader by the end of the decade. At the same time however, it has to cope with the country’s increasing energy demands, overcome the economic and energy crisis which has slowed growth in the last year and guarantee a stable energy supply. This is a strategic decision by the country to promote development and energy security, taken with careful consideration and commitment vis-à-vis the international community. The need to reduce emissions and preserve the ecosystem will increasingly shape government choices and energy solutions in Indonesia, Vietnam and in the rest of the region as well. New international partnerships will allow these countries to accelerate the energy transition, redefining their own mix and adopting new technologies.
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New energy and geographical frontiers
Eni, Euglena and PETRONAS to explore biorefinery opportunity in Malaysia
14 December 2022 CET 08:00
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Our main development projects on the Asian continent
Jangkrik: hydrocarbons in Indonesia
This project, which was quickly developed and brought into production, is located in offshore Kalimantan, Indonesia.
Once gas has been produced and treated, it is sent to the onshore plant connected to the transport system and then onwards to the Bontang liquefaction plant.
Our operations
