Coronavirus, sustained low oil prices, and LNG oversupply weigh on the gas sector this year, Wood Mackenzie said in its latest short-term gas and LNG outlook report
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Ten countries produced 80 per cent of all flared gas, and their forgone revenue from failing to monetise the gas constituted over US$19bn in 2019, according to data and analytics company GlobalData
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GlobalData has stated that more than 4.6 tcf of natural gas were flared globally in 2019
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Supermajor Eni has announced that Egypt’s Damietta LNG plant is expected to resume operations by June following a series of agreements with its partners in Egypt
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Saudi Aramco has announced regulatory approval of the development of the Jafurah unconventional gas field in the Eastern Province, the largest non-associated gas field in Saudi Arabia
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