LNG

Asian spot liquefied natural gas prices eased on the week with only March 2022 rising to underpin current value levels, while European benchmarks were slightly lower and cargo liftings from Atlantic and Pacific Basin plants continued to be at a balanced level.

Eni of Italy has achieved the start-up of the Cabaça North project offshore Angola as the southwest African nation has also just awarded nine onshore licences to 14 companies for blocks in the Congo River basin and a basin further to the south.