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Egypt calls for less LNG as domestic gas boost looms

Bloomberg Egypt is paring down its requests for liquefied natural gas. State-run Egyptian Natural Gas Holding Co. is seeking 12 LNG cargoes for delivery in the first quarter of 2018 in a tender, according to two people with direct knowledge. That compares with more than 100 cargoes it planned to purchase via tenders or government-to-government contracts for this year. Traders ...

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Iraq raises oil exports from southern region

BAGHDAD / Reuters Iraq said it was increasing oil exports from the southern Basra region by 200,000 barrels per day to make up for a shortfall from the northern Kirkuk fields. The output from the northern Kirkuk region fell this week in the course of military operations to take it back from Kurdish fighters who have been there since 2014. ...

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US gas traders brace for a third straight warm winter

Bloomberg Natural gas traders are facing the possibility of another mild US winter. Temperatures from December through February will be above normal for much of the southern US, East Coast and Northeast, the US Climate Prediction Center said in a report. A run of “beautifully mild weather” this autumn has already weighed on the market, said John Kilduff, founding partner ...

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