Algeria to up gas output to 132 bcm in 2016
Algeria will produce 132.2 billion cubic metres of gas in 2016, up from 128.3 bcm in 2015, according to a report issued by the country’s NOC, Sonatrach.
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Egypt launches tender for third FSRU
Egypt is in the market for another FSRU as it seeks to bridge the supply-demand gap while it waits for new fields to come onstream.
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- Thailand’s PTT postpones $20 bln Vietnam refinery complex
- Gas Malaysia prepares to lift tariffs for ‘non-power’ sector
- Circle Oil suspends shares after doubling losses in 2015
- Indonesia may backtrack on energy subsidy cuts
- Ghana asks state utility to ‘urgently’ pay debt
- Iran’s Pars energy zone exports $1.7 bln of gas condensates
- Taiwan looks to boost renewables and gas in power sector
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Market volatility will increase on EU uncertainty
The UK’s referendum on exiting the EU has turned the markets volatile, leaving traders facing risks on the oil price, UK-Continental gas spreads and macroeconomics.
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- Increased gas supply pushes prices down in Europe
- Market volatility will increase on EU uncertainty
- Argentina attempts to wean itself off LNG
- Indonesia facing up to future of LNG imports
- Russian economic forum puts focus on Europe
- Henry Hub continues climbing towards $3/MMBtu
- Hub prices dip in Europe after a week of gains
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