AGP Executive Report
Last update: 10 hours agoAsian Supply Security: Singapore warned that countries may prioritize domestic needs during energy shortages, as Indonesia’s gas export cuts test regional trust. Saudi Arabia plans to store crude in Singapore’s Jurong Rock Caverns from the second half of 2027, adding a buffer after Middle East disruptions. Regional Clean Power: Malaysia says it will facilitate a proposed 300MW floating-solar supply from Johor to Singapore, alongside plans for a subsea power link. India’s Energy Buildout: A 119-km pipeline is under construction to bring piped gas to Mizoram by 2028, while a McKinsey outlook says Asia may need $1 trillion in annual energy investment for 15 years as demand rises and security concerns mount. Tight Markets: European wholesale gas prices topped €97 per megawatt-hour, with low storage and competition for LNG adding to winter concerns. Oil eased from recent highs but remains elevated amid regional tensions.
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