China LNG Buying At Record Levels, Prices At 3-Year High

...rld’s number two LNG importer over the course of 2017. China imported 33.3mn tons for January-November, up 48% year-on-year. Korea’s imports, at 33.5mn tons for the same period, were slightly higher. •  Although Korean imports are up by a not-inconsiderable 14% year-on-year, this pales alongside the gr...

Libya’s 2017 Energy Fortunes: Good-Ish News On Oil, Less So On Gas As Instability Continues

Sharara Restart Pushes Libyan Output Close To 700,000 b/d

...oduction to around 950,000 b/d by early April, are a slightly delayed version of NOC’s more recent plan to increase output to 900,000 b/d by the end of 2016 and to 1.1mn b/d by the end of 2017 (MEES, 18 November 2016). Mr Sanalla is now targeting output of an even more ambitious 1.2mn barrels by the end of th...