Southeast Asian power generation capacity to rise 50 pct this decade * More than half of new Southeast Asian capacity to be coal-fired * LNG-fired power twice as expensive as coal-fired power in Asia Southeast Asia’s power sector will tilt away from gas to use more coal by the end of this decade, chipping away at demand for liquefied natural gas as the region of more than 600 million people tries to cut costs to meet soaring electricity needs. With a wave of LNG projects due to come online this decade, this shift in consumption from a region long expected to be a key growth market could help take some of the heat out of rising Asian prices of the cleaner fuel. Gas prices in Asia are about five times more expensive than in the United States, driven by demand for LNG […]