Underinvestment in Southeast Asia’s upstream sector and steady declines in mature oil and gas fields are impacting the region’s top natural gas producers, forcing LNG exporters to cut back on supply to top customers in North Asia, most recently for cargoes in peak winter. The speed at which new gas fields can be brought online …
The post Upstream woes dent Southeast Asia’s standing as long-term LNG supplier first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John