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China Demand Boost For LNG Sellers: But Will It Last?
...ijing’s coal-to-gas switching policy. With demand far outstripping volumes under long-term contracts, Chinese buyers have turned to flexible short-term volumes, including from the world’s top LNG producer Qatar which shipped 5.65mn tons in the first ten months of 2017, up 67% year-on-year. China’s ov...
Volume: 60Issue: 49Published at Fri, 08 Dec 2017 -
US Hikes 2017 Output Forecast As Firms Prepare To Raise Spending
...tlook for 2017 US crude output was looking bleak midway through 2016 as oil majors and oilfield services firms cut back on spending. But with oil prices now above the $50/B mark, the EIA has raised its forecasts for next year’s output. The US government agency’s latest Short Term Energy Outlook, re...
Volume: 59Issue: 49Published at Fri, 09 Dec 2016 -
QNB Optimistic On Qatar’s LNG Future
...troleum Exploration Company (Kufpec) – the overseas, upstream arm of Kuwait Petroleum Corporation (KPC) – has a 7% stake in the $29bn, 8.9mn t/y Chevron-led Wheatstone LNG project, set to come online in 2017 and later ramp up to 15mn t/y. QNB makes no mention of East Africa, where up to 80mn t/y – sl...
Volume: 56Issue: 49Published at Fri, 06 Dec 2013