Contracts from some of Australia’s newer LNG projects are reportedly coming under pressure from Asian buyers seeking to defer or renegotiate expensive offtake agreements.
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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The EU will relaunch talks between Kiev and Moscow on supplies of Russian gas to Ukraine following Thursday’s ceasefire agreement. European Commission President Jean-Claude Juncker has said.
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