Basra’s demand for electricity is set to rise by double Iraq’s national average, but limited finances and a precarious security situation stand in the way of rolling out gas-fired generation.
Tensions are escalating in the South China Sea. The area may become unstable, and oil and gas reserves are potentially at stake.
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Chevron’s LNG supply agreement with SK Group is believed to have a used traditional oil-indexed formula, despite the vastly changing oil and demand dynamics.
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