Cyprus is preparing its third licensing round, which will include an area that the country’s energy minister says is geologically similar to Zohr.
Restarted nuclear reactors are displacing gas in Japan’s power sector, and although a similar picture can be seen in South Korea, the story is different elsewhere in Asia.
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The Henry Hub front-month futures price is staging a recovery, helped by short covering by market participants. However, there is a strong technical resistance seen at $2/MMBtu that will cap gains in the coming weeks.