Saudi Arabia will boost South-east Asia oil investment
Subject Saudi oil investments in South-east Asia. Significance Saudi Arabia sees the South-east Asian downstream sectors as a key frontier for investment in the energy industry, with the region being one of the most promising in terms of growing oil demand. As the global oil glut intensifies competition between oil-exporting countries, Saudi Arabia aims to forge stronger energy links with growing South-east Asian economies in order to safeguard its demand security in the long run. Impacts Saudi Aramco is likely to face competition for investment in the region from other oil-exporting countries, such as Russia. An IPO of Saudi Aramco could see revisions to some of the projects it is pursuing in South-east Asia. Saudi investments in South-east Asia could be downscaled if fiscal pressures continue.