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Letter from the Middle East: Opec balances Russia and the West
The cartel is happy to wait for further developments before committing to more drastic action
Russian seaborne crude exports slow
China and India remain the most important customers for Russian volumes
Revived Sahara pipeline still faces hurdles
Nigeria, Niger and Algeria are committed to the $13bn gas connection, but financial and security obstacles will be hard to overcome
Freeport LNG to restart in October
The unplanned outage that took the plant offline in June highlighted the growing global importance of US LNG
Nustar sees continuing Permian growth
The infrastructure firm expects flows through its pipeline system in the US shale heartland to be 10pc higher by the end of the year
US politicians up windfall tax rhetoric ante
Surging downstream profits add fuel to the fire, but the spectre of demand destruction lurks
Adnoc forgoes seasonal break
The Emirati heavyweight is racing to bring on new gas production to exploit rampant global thirst for the resource
Australia mulls LNG export controls
The recent energy supply crisis has resulted in a political backlash against the nation’s gas exporters
Japan and South Korea promise little immediate LNG market relief
East Asia’s power sector use may be poised to shrink from 2023, but demand for the fuel is expected to remain strong this year
Nigeria upgrades oil export infrastructure
The much-delayed alternative to the Trans Forcados route has finally started commissioning
LNG US Venezuela Qatar Singapore Chesapeake China Nigeria South Korea
30 January 2018
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Fuels at sea

Ships must pollute less. Their owners can't ignore the impending regulatory changes

The International Maritime Organisation (IMO) deadline for emission control in world shipping is fast approaching. Beginning in 2020, vessels worldwide must limit their emissions to the equivalent of burning 0.5% sulphur-content fuels, whether by burning low-sulphur fuels themselves or by installing "scrubbers" to treat exhaust emissions. The change is likely to affect around 4m barrels a day of oil demand. Competition between new blends of oil fuels (very-low-sulphur fuel oil or marine diesels), scrubbers, or liquefied natural gas is likely to be fierce but evolutionary. Each competitor presents different challenges: scrubbers affect fuel efficiency and may be difficult to finance when so m

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