Ireland's energy department received 43 applications for its 2015 Atlantic Margin licensing round, a 'terrifically impressive response', according to Energy Minister Alex White.
Latin American LNG imports are under pressure as key consumers look for alternatives, such as boosting domestic gas production and pipeline imports.
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Gas storage levels in the United States and Canada are being supported by increasing gas output from key shale plays in the US. This is also pressuring gas prices in North America.
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