SummaryThere is a huge potential for growth in LNG-to-power sector in Southeast Asia driven by factors like rising energy demand, energy diversification, and energy transition goals. by: Shardul SharmaThere is a huge potential for growth in LNG-to-power sector in Southeast Asia driven by factors like rising energy demand, energy diversification, and energy transition goals, among others, said Maria Tan Pedersen, co-head of global law firm Dechert's emerging markets product line and leader of Dechert's EMEA energy initiative. “Numerous factors collectively make the LNG-to-power sector an appealing investment opportunity in Southeast Asia, promising both economic returns investors and government alignment with broader environmental and energy security goals,” Pedersen said. Rapid economic growth and urbanisation in Southeast Asia are driving a substantial increase in energy consumption, necessitating new and reliable sources of power. In the Philippines, market trends show that energy demand has been growing at an annual rate of approximately 4-5% over the past few years, she said.