Gridwatch

PETRONAS diversified crude sourcing to West Africa and Latin America before the Ocean Thunder cleared the strait last week.

B50 plus the Balikpapan RDMP expansion are the two pillars of Indonesia's plan to eliminate diesel imports entirely by mid-2026.

Malaysia will decide on nuclear power only after 2030, but active task forces and Budget 2026 allocations signal serious preparation now.

Battery energy storage systems are expected to scale first across Southeast Asia within five years, with longer-duration technologies following as renewable penetration deepens.

The Ninh Thuan 1 agreement uses Leningrad NPP-2 as its reference design, a VVER-1200 reactor Rosatom has already deployed in five countries.

1,061 of Laos' 2,538 registered fuel stations were closed as of March 11. In Xieng Khouang Province, over 79% of stations shut. Rural energy access in landlocked economies carries structural risk.

The MoC creates no legally binding obligations. JBIC and NEXI financing are referenced as contingent on due diligence. The gap between signed agreements and commercially operational projects in the AZEC framework is a documented pattern.

Wood Mackenzie's full-year estimate: Asian LNG imports fall from a forecast 12.4 million tonnes to approximately 5 million tonnes in 2026. That is not demand management. That is demand destruction.

The IEA's emergency mechanism covers crude oil. It covers nothing for the 20 percent of global LNG supply also blocked by the Hormuz closure.

With imported LNG now priced at more than double the cost of Malampaya gas, the Philippines faces a near-term choice between fuel substitution and emergency market intervention ahead of the dry season demand peak.