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After a period of breakneck growth, LNG demand creation using floating storage and regasification units (FSRUs) has suffered some setbacks, and LNG imports via FSRU terminals decreased in 2018 for the first time in many years. In an excerpt from A Changing Global Gas Order 3.0, authors Akos Losz, Tim Boersma, and Tatiana Mitrova examine the prospects for FSRU-based LNG demand growth in emerging markets.
As the world races to transition to cleaner energy sources, there exists a substantial gap between the financing required for this transition and the actual investments being made.
Today, Qatar is among the world’s wealthiest countries. Its rich hydrocarbon resources have transformed this small Gulf state into an energy powerhouse, funded its outsized global ambitions, and allowed it to forge an identity separate from those of its large and powerful neighbors.
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Earlier this month, OPEC+ leaders Saudi Arabia and Russia announced further voluntary production and export cuts, with the former alone accounting for nearly half of the OPEC+ aggregate.
