At the Eastern Economic Forum (EEF) in the Russian city of Vladivostok last month, Japan’s Mitsui & Co and the state-backed Japan Oil, Gas, and Metals National Corporation (JOGMEC) signed a protocol with Russia’s Novatek gas producer on investing in the Arctic LNG 2 project.
The last 10 years have been a great time to be invested in the stock market as total returns have outpaced the long term average by a significant amount.
Under the terms of the agreement, ADNOC and REA will jointly explore opportunities for collaboration in relation to Abu Dhabi’s exploration and production concessions.
Running mainly on LNG, these vessels will enable huge savings in fuel and emissions of all kinds.
More than half a train of capacity will be offline until November 29.
Industry executives argue fossil gas should be considered green when it displaces coal in power generation, sparking fresh controversy around an upcoming EU sustainable finance taxonomy aimed at rewarding investments in clean technologies.
The south Asian nation made headlines with the scale of its US LNG midstream development plans, still subject of course to final investment decisions. [NGW Magazine Volume 4, Issue 19]
This LNG break-bulking STS transfer which took place in Brunei Bay.
State-owned Pakistan LNG has cancelled a tender to buy liquefied natural gas over a 10-year period and may turn to the spot market instead, two sources familiar with the matter told Reuters on Tuesday.
Natural gas (Natty)/LNG, biofuels, solar, and wind appear poised to be declared the winners, displacing largely coal, and oil – to a certain extent.