The National Interest: One Way to Cut Tensions in Asia: Building a Regional Natural-Gas Pipeline
Building a regional natural gas network is the biggest step Asia can take over the next 5-10 years to reduce destructive climate change.
In the journey from coal to clean energy, natural gas will play a key transition role in energy markets.
Once this transition is complete (say, sometime between 2030-2050), gas will give way to better energy sources -- like solar, wind, geothermal, biomass and even closed-cycle nuclear.
As new, better, lower emission energy resources come online and make gas obsolete, gas pipeline networks can shift to carrying other fuels -- like hydrogen or bio-energy. This flexibility offers enormous long-term economic value.
Events already are moving in this direction. China recently announced two deals with Russia to build natural gas pipelines to bring Siberian natural gas to China’s eastern and western regions. A third pipeline, passing through China to South Korea, also is possible.
These pipelines will increase China’s domestic gas supply. As markets change, and China’s gas supply needs fall, China can trade some of that Russian gas with its neighbors. Buyers could include Japan, South Korea and/or the Association of Southeast Asian Nation states. Cross-border trading can alleviate gluts and shortages. This benefits everyone. MORE