Ukraine will not be able to boost its gas output if the country does not drastically reform its hydrocarbon taxes, producers in the country have said.
Iran’s forthright rejection of proposals to freeze oil production reflects its ambitious investment plans for its oil and gas sector now that sanctions against the country have been largely removed.
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Taiwan’s CPC’s Taitar No. 4 LNG carrier. It may soon become harder for shipping lines to charter vessels. (RasGas)
Charter rates for LNG tankers are set to rise because sellers are being forced to look further afield to market their cargoes, experts have said.
Longer journeys will tighten the shipping market, Michael Newman, a shipbroker at Fearnleys LNG, told the LNGgc 2016 conference in London last week.