China’s sensitivity to swings in seasonal demand makes additional storage critical, but the country’s gas industry has been slow to develop underground depots.
In the long run, Myanmar has serious gas production and export potential, but supply problems threaten to constrain short-term development of the country’s domestic market.
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Further deterioration in Yemen’s security environment has caused force majeure to be declared at Yemen LNG, and the outlook for both country and plant appears bleak.
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