Asia continues to be the fastest growing region in the world and with its strong economic outlook, the region remains as the center of focus to the dynamic and robust market as well as the undiscovered opportunities that it holds.

Rapid changes in the marketplace, stringent regulatory requirements including environmental laws as well as geopolitical tensions pose many challenges for businesses.

Despite these uncertainties and challenges, energy demand continues to shift towards Asia. Analysts project that primary energy demand in the region is expected to grow at 2.5 per cent per annum and reach 7.3 billion tons of oil equivalent in 2035, accounting for 42 per cent of the world’s primary energy demand.

Fueled by economic prosperity, population growth and rapid advancements in digital technology and innovation, there will be greater opportunities for the energy industry to flourish in the region and businesses to explore its full potential.

Source: LinkedIn Azlan Abu Bakar