Asia’s China-Led $350 Billion Gas Buildout Stirs Energy Debate

(Bloomberg) — Led by China, Asia is pumping billions of dollars into new gas infrastructure, making the region pivotal in a debate over the role of the fossil fuel as the world aims to curb emissions.

The region has more than $350 billion of projects underway to expand liquefied natural gas terminals, gas-burning power plants and pipelines — triple the estimated investment for Europe — according to data from Global Energy Monitor.