East Africa would be the next major oil and gas play on the continent, professional services firm PwC Africa Oil & Gas Advisory senior manager Derek Boulware said on Wednesday.
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CNOOC has scrapped plans to operate an FSRU in Jiangsu province citing regulated gas pricing regime as the hurdle to make the option economically viable. CNOOC released its first FSRU off Tianjin in April due to sizeable operating losses and is using it as an LNG carrier now.
Western officials hoping to alter the behavior of Russian president Vladimir Putin are examining a lot of targets for sanctions, but analysts say one entity seems to be off the table for now—Gazprom. 920 more words
“As we move forward with our project to export LNG to America’s allies, we will remain focused on safety. We will continue to provide training and resources for the first responders who protect our community and those of us who work here at Cove Point.”