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Novatek has ramped up LNG sales to China over the past year, but the company will take its time with moving any further into the Chinese gas market.
Climate and environmental initiatives have sent the pendulum swinging towards decarbonisation, forcing state energy players to prepare for a lower-emission future.
CLP Power is expected to take an FID on Hong Kong’s first LNG import project within months, after announcing firm agreements for a giant FSRU and initial LNG supply.
With gas still a major component of Japan’s energy mix, three suppliers are looking at new ways of managing their carbon footprint as the race to a low-carbon future gathers pace.
Upstream gas projects in Algeria will see further delays if the country fails to boost the competitiveness of its LNG and pipeline gas in the global market.
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