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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The Kashiwazaki-Kariwa nuclear power plant. Japan is hoping to restart its shuttered reactors. (Tepco)
Global gas markets are set to come under further pressure this year as Japan – the world’s largest LNG buyer – begins restarting its nuclear reactors.
The move comes after years of burgeoning fossil fuel imports stretched the balance sheets of the country’s largest power providers.