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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
LNG
No quick resolution is expected to industrial action at Shell’s 3.6mtpa Prelude floating LNG off Western Australia.
- The unions have extended the strike once more to Sep 1 from its Jun 10 start and production has been suspended at the facility since last month.
- Shell have delayed maintenance due in September-November to July 2023 at the earliest.
- Shell has had to buy Asian spot LNG cargoes to meet contractual obligations. Shell expects its Q3-22 LNG output at 6.9m-7.5m tons, down from 7.66mtons Q2 and 8mtons in Q1.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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