MNI China Press Digest July 18: PBOC, Beijing, Arctic Shipping

MNI: PBOC Net Injects CNY47 Bln Via OMO Thurs; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1285 Thurs; -1.29% Y/Y

CHINA PBOC CONDUCTS CNY49 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1285 THU VS 7.1318

MNI BRIEF: China Equip't Renewal Policy Includes Foreign Firms

Australia Jun Unemployment Rate 4.0%

Japan Jun Exports +5.4% Y/Y; Imports +3.2% Y/Y

MNI:AUSTRALIA JUN UNEMPLOYMENT RATE +4.1%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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Oil Majors Push Back Against Venture Global Permit Extension

LNG

Three of Venture Global LNG’s main customers have asked US energy regulators to address the LNG developers request for a one-year permit extension to complete its Louisiana export facility.

  • Venture Global asked for a one-year extension last week to complete its Calcasieu Pass gas-export plant, or to receive assurances it did not need an extension.
  • BP, Shell and Repsol are pushing back against the request. All three have filed contract arbitration claims against Venture Global over a lack of contracted cargoes.
  • Venture Global claims the facility is still in a commissioning phase so is not offering contracted cargoes to the likes of BP, Shell and Repsol, instead selling them direct.
Energy BulletsCommodities
Energy BulletsCommodities

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