Asia Oil Demand will Continue to Grow, says KPMG's Mayor

The video discusses global energy demand, focusing on the Pacific Rim and Asian markets, and their impact on LNG prices. It highlights concerns about European energy security due to geopolitical tensions with Russia. The discussion includes predictions for Asian demand post-COVID and the implications for crude oil prices. The video also examines the concept of demand destruction and market dynamics, emphasizing the limited spare capacity of OPEC. Finally, it addresses Australia's energy challenges and the need for more oil and gas while pursuing decarbonization.

Discuss the potential impact of Chinese demand returning to pre-pandemic levels on global energy prices.

What challenges are faced by countries like Australia in managing high gas prices?