Egypt is confident it will restart LNG exports in the future, but until then domestic problems mean there will be little activity.
The Permanent Court of Arbitration in The Hague upheld the Philippines’ claims in the South China Sea this week, escalating tensions in the region.
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The United States and Canada are moving towards a gas glut that is expected to be even more severe than the one at the end of the 2015 injection season. The glut will happen despite a combination of slowing gas production growth in the US, lower injection rates compared with this time last year, and increasing gas demand from the power and industrial sectors.