UK shale gas pioneer Cuadrilla expects to overturn the fracking ban imposed by Lancashire County Council and begin fracking and testing its first shale wells in 2017.
The growing demand for LNG in the Middle East and Africa will promote the development of floating LNG import facilities, but not all of the proposed projects will materialise.
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The North American gas glut has pushed the Henry Hub front-month futures price below $2/MMBtu, but it is expected to receive support in the coming weeks as the withdrawal season starts.
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