The Timorese government has offered to buy Woodside Energy’s stake in the Greater Sunrise fields to make sure an LNG plant is built onshore.
Restarts at Japan’s shuttered nuclear plants will start to affect the country’s appetite for LNG over the next 12 to 24 months. However, a drastic drop in import volumes is not expected this year.
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Storage withdrawal rates continue to be strong across Europe. EU28 storage sites are now just 35% full, with around 32 billion cubic metres of gas in stock – down by 15% on an annual basis.
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