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Asia

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Singapore

If your answer was Merlion you are correct. The famous tourist spot is in Singapore and it signifies the origination of the nation, a Lion head on the top along with fish’s body in the bottom. The top half relates to the name of the nation “Singpura” or lion city whereas the bottom half signifies the origination of Singapore as a fishing village.

In the recent times Singapore has evolved as rapidly developing nation. Singapore along with the economic growth is also concentrating on the energy security. The Asian nation is now confident to run the proposed second LNG terminal in the nation. The commercial production of the first LNG terminal started in May last year.

Asia is taking over Europe as the world’s biggest natural gas importer and Singapore is all set to set its place in the market.

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China’s pursuit towards Energy Security

China’s economy is one of the fastest growing in the world. With towering economy and rapid development, the land of the dragon is now focusing on securing the energy resources in order to attain energy security and stable development.

With shale gas development, China is now hopeful that natural gas would be able to meet nation’s humongous energy demand. Currently coal dominates in China’s energy mix. Global LNG market is also growing at a rapid pace and this is luring China to replace coal with natural gas. As per a white paper published by GE, China could save about $820 billion if it doubles it’s consumption at the cost of coal. China is one of the biggest of importer of the gas. It became a net importer of natural gas in 2007. This rapidly escalated to a different level as Beijing imported almost 29% of it’s natural gas consumption and hiking the import dependency.

In order to limit it’s import dependency, the Asian superpower is also investing in the domestic development of the gas. With huge investment in the pipeline infrastructure China had nearly 27000 miles of main natural gas pipelines at the end of 2011 and had plans to construct 24000 new miles by 2015.

With rapid economic growth comes gigantic demand for energy. China’s condition should be an example to us and plans should be drafted to secure the energy needs and demands for the future so as to achieve #EnergySecureIndia.

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Reforming Afghanistan to boost Asian gas trade

With encouraging investments and help from various nations, Afghanistan is now on the path of reconstructing its economy. Countries like China are investing with open heart to help the war struck nation to build its infrastructure and forge its future. The contribution

With encouraging investments and help from various nations, Afghanistan is now on the path of reconstructing its economy. Countries like China are investing with open heart to help the war struck nation to build its infrastructure and forge its future. The contribution is significant from China as it is cooperating with Afghanistan in building roads, power lines, opening mines and also boosting its local small businesses.

Speaking of developments in the nation one cannot simply ignore the development of TAPI which seemed impossible a couple of years back. Now with peace eventually spreading across the nation, the gas pipeline project may turn into reality as well.

The Asian Development Bank financed, TAPI feasibility study in 2005 is in place. Additionally the intergovernmental agreements, framework pas-purchase contracts were signed during 2008-12 as well. Turkey is eager to supply gas to energy thirsty markets of India and Pakistan via the TAPI pipeline. The project once completed will help more than one nation and bring prominent energy security all over Asian countries.

is significant from China as it is cooperating with Afghanistan in building roads, power lines, opening mines and also boosting its local small businesses.

Speaking of developments in the nation one cannot simply ignore the development of TAPI which seemed impossible a couple of years back. Now with peace eventually spreading across the nation, the gas pipeline project may turn into reality as well.

The Asian Development Bank financed, TAPI feasibility study in 2005 is in place. Additionally the intergovernmental agreements, framework pas-purchase contracts were signed during 2008-12 as well. Turkey is eager to supply gas to energy thirsty markets of India and Pakistan via the TAPI pipeline. The project once completed will help more than one nation and bring prominent energy security all over Asian countries.