Access to BG Group’s West Delta Deep Marine infrastructure means BP can now develop its West Nile Delta project, which should make Egypt self-sufficient in gas by 2018.
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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Mild weather, healthy supplies from the United States and weak storage withdrawals have capped gains in Canadian gas prices recently.
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