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‘The LNG price spike has forced countries to rethink their energy security’: Tim Fourteau, White & Case
Publication date: 17 February 2022
Tim Fourteau, partner at law firm White & Case, has been advising on energy and infrastructure projects for 15 years. Based in Singapore for over a decade, he has witnessed the extraordinary transformation of south-east Asia from a region that prioritised access to electricity, which gave rise to a heavy reliance in coal, to one where renewables are now seeing a dynamic growth.
As far as LNG is concerned, Fourteau says it has a major role to play in helping south-east Asian countries deal with declining domestic natural gas reserves, support the growth of their power sectors, switch away from coal and address the intermittency of renewables. However, the persistently high LNG price environment could affect how big a share LNG will have in the region’s energy mix, as the price spike forced many governments to rethink their energy security.
