Asian LNG Reliance Tested by $7.4 Billion Gas Bill

A massive gas bill of $7.4 billion has left Asian nations questioning their reliance on liquefied natural gas (LNG).

The hefty price tag is a result of rising global demand and supply chain disruptions, which have driven up LNG prices in recent years.

According to industry sources, the gas bill is equivalent to about 10% of Indonesia's total state revenue for 2022. This has sparked concerns among policymakers and economists about the long-term sustainability of their energy strategies.