PUBLICATION

Oil and Gas Investor

AUTHORS

Jolanta Ksiezniak, Eugene Yukin, Barnaby Fletcher

Southeast Asia Oil and Gas 2011 OGI Release

July 05, 2011

Despite the financial havoc and economic upheaval resulting from the global financial crisis, whereby companies went bankrupt and countries suffered massive retrenchments in growth rates, companies in Asia often ask, “What crisis?” Asian countries continue to boast high GDP growth rates and those economies that did suffer, have since regained their former pace of growth. The falling oil and gas prices naturally affected the global exploration and production (E&P) scene, but nowhere is the hope and excitement for a comeback as evident as in the Southeast Asian region today. As Asian powerhouses continue to expand, demand for oil and gas will increase and, with prices once again nearing pre-crisis levels, Southeast Asia will represent one of the most exciting and dynamic regions for investment in the oil and gas sector.

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