Summary
As winter ends in Asia, Europe and North America, regional hub prices are low while markets are well supplied and not expected to tighten before summer.
Inpex received the letter of rejection for its Abadi FLNG plans on Monday, but Jakarta's insistence on the onshore option will likely delay development for five years.
Speculative traders have sharply cut their short positions in oil and gas futures in advance of the ‘emergency’ meeting of oil producers in Doha later this month.
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Access free country profile ››As winter ends in Asia, Europe and North America, regional hub prices are low while markets are well supplied and not expected to tighten before summer.
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