The Asian LNG market is stuck in bearish territory as demand from the world’s largest importers wanes because of mild weather.
Mozambique’s long-awaited decree law was published this week, laying out the legal and fiscal terms for the development of Eni's and Anadarko’s giant Rovuma Basin LNG projects.
Gazprom’s access to the OPAL pipeline remains limited to 50%, although a decision to release the blocked capacity could be reached in January. It could facilitate increased flows to Europe, but will it happen?
Low demand caused by mild weather weighed on European prices this week. NBP day-ahead prices are now around 53 p/th, having fallen from 55 p/th a week ago.
Mild weather, low gas storage withdrawals and reduced nuclear power plant outages in the United States have all weighed on the Henry Hub front-month futures price.
The UN climate summit in Lima failed to produce concrete proposals to curb CO2 emissions, clouding the outlook for a global deal in Paris next December.
Andrei Belyi, senior researcher at the Centre for the EU-Russia Studies at the University of Tartu, speaks to Interfax about the effect of Western sanctions on Russia, why Gazprom does not need South Stream, and the future for EU-Russia relations.
An international carbon market with globally linked systems is far off, but is seen as a realistic alternative to an uncertain agreement at the UN climate summit in Paris next year.
The countries most affected by the cancellation of Russia’s South Stream pipeline have reaffirmed their commitment to the project – while also pledging cooperation on alternative infrastructure projects.
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