AI data center boom to lift Southeast Asia LNG demand, WoodMac says

Wood Mackenzie analysts project that AI-driven data center construction will materially increase Southeast Asia's LNG demand, as gas-fired CCGT plants remain the most reliable 24/7 power source for hyperscalers given the region's immature renewables-plus-storage. This marks a new demand driver beyond coal-to-gas switching, though the magnitude of the upside is uncertain and depends on data center buildout timelines and gas supply availability.