Speakers at this year’s Flame conference in Amsterdam expected Europe’s future gas imports to be shipped from Africa rather than the United States.
Yemen is going through turbulent times that may reduce its oil and gas exports. The country must make structural reforms if it is to sustain exports in the longer term.
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The Henry Hub front-month futures price increased by 5.1% - closing at $2.86/MMBtu on 17 March – compared with the previous day’s close. However, with North America already in spring, it is unlikely the price will move above $3/MMBtu anytime soon.
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