China saw robust market demand of natural gas in 2021, and the country's total gas demand is expected to rise 11%-13% on the year to 365-370 Bcm this year

"China will step up support for other countries in developing green and low-carbon energy and will not build new coal-fired power projects abroad," Xi said.

India aims to raise the share of natural gas in the country’s energy mix to 15% by 2030 (from 5.8% in 2020).

The Golmud Wutumeiren solar-plus-storage project has entered construction in Golmud, in Qinghai province (China).

India has set an ambitious target of achieving 175 gigawatts (GW) of renewable energy capacity by 2022, which includes 100GW of solar.

China is expected to see a wide deficit for met coal supply in 2021

The global offshore wind industry installed 6.1GW of capacity in 2020, down slightly from a record 6.24GW in 2019, although GWEC expects a new record year in 2021, as China’s offshore wind sector rushes to install 7.5GW ahead of the expiry of current feed in tariffs (FITs).

According to the National Steering Committee for Electricity Development, Vietnam’s wind capacity will reach 6 GW in 2025 and 10 GW in 2030 and solar capacity will grow to 14.4 GW in 2025 and 20 GW in 2030.

The World Bank has awarded a US$380m loan to build the 1,040 MW Upper Cisokan pumped-storage hydropower plant, to be located between Jakarta and Bandung in Indonesia.

China has unveiled a plan to expand its pumped-storage hydropower capacity to 62 GW in 2025 and 120 GW in 2030.

Taiwan has a target to instal an additional 9 GW of offshore wind by 2031, and 15 GW by 2035.

"With the recovery in the overall demand, refining and other related operational parameters have demonstrated an even more pronounced turnaround compared to the previous year," said Shrikant Madhav Vaidya, chairman of state-run Indian Oil Corp. the country's biggest refiner.

Coal from Australia remains unavailable for China after an unofficial ban in the fourth quarter of 2020, while another major supplier Mongolia is facing issues as renewed concerns over COVID-19 impacts transportation.

Petronas is pushing for the increased use of natural gas as a cleaner source of fuel while building capabilities in renewable energy for the security and sustainability of its supply,

In March 2021, the Philippine Department of Energy also issued a notice-to-proceed for Shell’s 3 Mt/year LNG import project in Tabangao, Batangas.