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Sweden’s Lofven says he’s prepared to form coalition

Bloomberg Sweden’s acting Prime Minister Stefan Lofven said that he’s prepared to try to form a broad coalition government after the opposition leader failed in his first attempt. Lofven said he told parliament speaker Andreas Norlen on Monday that he’s ready to lead talks on forming a viable coalition to break an impasse after last month’s inconclusive election. “A cooperation ...

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$10bn clean air push set to boost Indian pipe makers

Bloomberg Steel pipe makers are set to become beneficiaries of India’s $10 billion push to expand its natural gas network to more of its urban masses and cut pollution. India has just completed its biggest city gas distribution auction that would extend coverage to more than half of its 1.3 billion people across a third of the nation’s area. This ...

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Shell, Equinor commit to Tanzania’s LNG as they await host accord

Bloomberg Royal Dutch Shell Plc and Equinor ASA said they’re committed to a project that will allow the export of natural gas from Tanzania. Proposals to build a $30 billion liquefied-natural-gas plant (LNG), in gestation since 2014, have been clouded by policy uncertainty in Tanzania’s extractives industry. Investor sentiment toward the East African nation has been soured by the government’s ...

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