Mozambique’s fifth licensing round – which was scheduled to close in April – looks likely to be delayed as vital new petroleum regulation is still pending.
The commissioning cargo for Pakistan’s first LNG terminal is due to arrive in March, marking the start of gas imports for the country. However, how much gas Pakistan will take – and in what timeframe – remains in question.
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Gas will be the fastest-growing fossil fuel over next decade, while the shares of both oil and coal will fall, according to BP’s energy outlook.
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