(October 6) PipeChina officially takes over the midstream assets of CNPC, Sinopec and CNOOC, valued at ~$73 billion. market reforms gaining momentum?
Qatar inks major deal with Baker Hughes to supply main refrigerant compressors for its North Field East project. FID soon?
India slashes domestic gas prices to $1.79/mmbtu -lowest on record. could trigger some coal-to-gas switch?
Total goes gas: 50 mtpa LNG sales by 2025 + gas reaching 50% of sales mix by 2030, with oil dropping to 30%;
Blackstone sells 42% stake in Cheniere to Brookfield and Blackstone Infrastructure for $7B, with windfalls estimated at $5B. not a bad business after all!
Gas Prices:
HenryHub: $1.5/mmbtu,
TTF: $4.1/mmbtu,
JKM: $5/mmbtu
Charters: 58-60k/day
