- Amid an ongoing energy crisis, European countries have turned to Southeast Asia’s coal and liquefied natural gas ( (LNG) producers to help offset the collapse of Russian supplies.
- The EU’s prohibition on coal from Russia, which took effect in August, as well as Moscow’s decision to turn off gas supplies to certain European countries this month, have seen European buyers scrambling for coal from Indonesia, the world’s largest exporter of thermal coal.
- One unintended consequence of this has been to incentivize developing Southeast Asian countries to ratchet up their green transition.
How the EU’s new energy plans impact Southeast Asia 27.09.2022
