Australian regulators released a set of recommendations on gas markets this week, upping the pressure on producers in the east and south of the country.
The recent convergence of regional gas prices has made the need for global LNG pricing benchmarks less pressing.
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State-run Korea Gas (Kogas) plans to build three mini LNG plants in Russia's Primorye, Khabarovsk Territory and Sakhalin Island, Chang Seon Lee, the general director of LLC Kogas Vostok, a Kogas subsidiary based in Khabarovsk, told Interfax on Thursday.