Gas
Asia Needs $1 Trillion a Year to Avoid the Next Energy Shock
CEII brief
OilPrice.com reported on 26 Oct 2026: Asia Needs $1 Trillion a Year to Avoid the Next Energy Shock.
Read the full story on OilPrice.comOil and gas may be flowing through the Strait of Hormuz again, but the impacts of its months-long closure will be felt for years to come.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.