China has made progress on gas pricing reforms, with a linkage between upstream costs and end-user tariffs finally in place, but certain players along the gas value chain are reaping the benefits more than others. [Gas in Transition, Volume 3, Issue 11]
Proceeds from oil and gas sales for Russia s federal budget are set to decline by around 25% to some 719 billion roubles ($7.81 billion) this month from November, mostly due to a fall in mineral extraction tax (MET) takings, Reuters calculations show.
With new investors coming into long-standing projects and floating LNG proposals being tabled, Indonesia’s LNG sector may be on the cusp of a rebirth. [Gas in Transition, Volume 3, Issue 10]
Namibia should be proactive in fostering gas/LNG development from the outset as it starts its journey into offshore oil production. [Gas in Transition, Volume 3, Issue 10]