China Enlisted for Stranded Gas Venture Ditched by Global Majors

From Bloomberg Timor-Leste, the tiny nation between Australia and Indonesia, has enrolled China’s help to push forward a natural gas export project that’s been abandoned by global oil majors as too challenging. The nation has recently signed an engineering and construction agreement with a state-backed Chinese firm and is targeting a final investment decision on the liquefied natural gas export[Read More...]

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