Egypt is in the market for another FSRU as it seeks to bridge the supply-demand gap while it waits for new fields to come onstream.
The UK’s referendum on exiting the EU has turned the markets volatile, leaving traders facing risks on the oil price, UK-Continental gas spreads and macroeconomics.
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South Korean LNG imports fell once again in October – by 13% year on year to 2.76 mt – marking the eighth consecutive month that imports have declined from last year. October imports stood at 3.2 mt in 2013.