MNI China Daily Summary: Tuesday, July 30

MNI BRIEF: China To Step Up Macroeconomic Policies - Politburo

MNI: PBOC Net Drains CNY51.03 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1364 Tues; -1.28% Y/Y

CHINA PBOC CONDUCTS CNY216.27 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1364 TUES VS 7.1316

MNI: EUROZONE Q2 PRELIM FLASH GDP +0.6% Y/Y

MNI: EUROZONE Q2 FLASH GDP +0.3% Q/Q

MNI: NORTH RHINE WESTPHALIA CPI +0.3% M/M, +2.3% Y/Y

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

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Tangguh LNG Train 3 Aims for First Shipment by End June

LNG

The Indonesian Tangguh LNG project's Train 3 is in the commissioning process and aiming for the first shipment by end-June, according to Indonesia's Minister of Energy and Mineral Resources Arifin Tasrif on 3 March.

  • Tangguh LNG project currently has a combined 7.6m mt/year production capacity over two trains with the third expected to bring the total capacity to 11.4m mt/year.
  • The facility is one of our new LNG export projects expected online globally in 2023 with a combined capacity of 1.0Bcf/d according to EIA.
  • The other projects for 2023 are the Greater Tortue Floating LNG (FLNG) offshore Mauritania and Senegal (0.3 Bcf/d capacity), the Tango Floating LNG offshore the Republic of Congo (0.1 Bcf/d capacity) and Sengkang LNG in South Sulawesi, Indonesia (0.1 Bcf/d capacity).
Energy BulletsCommodities
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