Chinese energy observers say Beijing will not be deterred from developing gas fields in the East China Sea, despite Japanese protests about the construction of a new offshore platform.
Imports of Russian gas into Europe will rise. Even if transit via Ukraine comes to an end after 2019, new lines into Europe will support additional flows.
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California has entered its fifth year of drought, which has caused more gas and renewables to be used in the state’s power-generation mix to fill the gap left by hydropower.
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