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The geographical region of the land mass, including islands, bordering the Pacific Ocean. As applied typically in liquefied natural gas (LNG) trading, the Pacific Basin LNG market consists of present and future producers: Abu Dhabi, Australia, Brunei, Indonesia, Iran, Malaysia, Oman, Papua New Guinea, Peru, Qatar, Russia, the US and Yemen; and current and future LNG consumers: China, India, Indonesia, Japan, Pakistan, Mexico’s West Coast, Singapore, South Korea, Taiwan, Thailand and the US West Coast.
Note that a Pacific Basin LNG producer might not be physically located in the Pacific Basin itself.
* see also Atlantic Basin