Markets: LNG Sector Dangerously Dependent On Chinese Demand

Markets: LNG Sector Dangerously Dependent On Chinese Demand

The liquefied natural gas industry has become too reliant on demand for the fuel from China, industry executives warned at last week’s CERAWeek, advising players in the LNG field to try and broaden their markets before they begin suffering the impact of this overreliance. Advertisements

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Global Market: America to lead global oil supply growth, no peak demand in sight

Global Market: America to lead global oil supply growth, no peak demand in sight

The United States will drive global oil supply growth over the next five years thanks to the remarkable strength of its shale industry, triggering a rapid transformation of world oil markets according to the International Energy Agency’s annual oil market forecast. By the end of the forecast, oil exports from the United States will overtake Russia and close in on Saudi Arabia, bringing greater diversity of supply.

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Africa Oil & Gas: Nigeria incurs huge losses over stalled $30bn LNG projects

Africa Oil & Gas: Nigeria incurs huge losses over stalled $30bn LNG projects

More than two years after the Nigerian National Petroleum Corporation reiterated its commitment to two Liquefied Natural Gas projects in the country, there is still uncertainty over whether the multibillion-dollar projects will come on stream.

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