The country imported 2,650 million metric standard cubic meters (MMSCM) of LNG, down from 2,854 MMSCM a year earlier
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Despite this reduction, the price will remain capped at USD 6.5 per mmBtu under the current pricing formula, as part of the government’s efforts to stabilise the market
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A new report by Tudor Pickering Holt & Co says that a scenario come where US power and technology companies have been compelled to either forge direct agreements with energy producers or to develop their own power supply systems, in an effort to secure sufficient energy resources
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