The disruption of Middle Eastern oil and gas supplies to energy-hungry Asia comes at a time when the U.S. is rapidly building out its natural gas-exporting infrastructure, and Asian energy officials acknowledge they need to embrace U.S. supplies for “energy security” and deemphasize ambitious “tree-hugging” targets.
“To address our energy challenges, it is not possible to do it all on our own,” Puah Kok Keong, CEO of Singapore’s regulatory Energy Market Authority, told Fortune. “I think I can say that not just of Singapore, but for many other countries in Asia who are also facing the same kind of challenges.”
