Malaysia’s oil and gas giant is preparing to cut spending over the next two years, but LNG appears to be off the table.
Restarts at Japan’s shuttered nuclear plants will start to affect the country’s appetite for LNG over the next 12 to 24 months. However, a drastic drop in import volumes is not expected this year.
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Although Indian LNG imports are expected to rise while prices are lower, they will not cut into the clear and steady increase in coal supplies – as long as the price is right.
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