Australian regulators released a set of recommendations on gas markets this week, upping the pressure on producers in the east and south of the country.
The recent convergence of regional gas prices has made the need for global LNG pricing benchmarks less pressing.
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The Höegh Gallant FSRU, which is moored at Ain Sokhna. Egypt is yet to charter a third regas vessel. (Höegh)
Egypt has yet to issue a tender for its third LNG terminal following allegations of missed payments for contracted cargoes and delays in paying debts to gas producers.
A source at Egyptian Natural Gas Co. (EGAS) told Natural Gas Daily the tender for a third terminal had not yet been issued.