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We had these purchasing managers indices out of china. Gauge, fiveyear highs the unofficial passion days,n manufacture slipping to 51. 6. The prithe deficit that has from the official one. We have some of these large firms distorting things. Large firms are feeling bullish. So. L firms less tailored toa move shore up the economy. Pboc announcing it will reduce the amount of cash the banks must hold in reserve. The economy where it has been scarce. Its not the only pmis we have had. The few places in asisa, asia, the markets are trading. Most closed for a public holiday. Pmi in japan. Haidi we had the pmi data from the nikkei business morning. We had japanese stocks building on gains. Boding well for corporate warnings in Japan Corporate earnings in japan. We we ending higher and sellingng for seleign for chinese stock g for ringgit stocks down. Is sliding except for the hong kong dollar. They could be under pressure given the ret ....
Azeri find lifts Caspian hopes [Gas in Transition] Apr 27, 2021 11:33:am Summary Azerbaijan’s president has hailed the discovery as a potential boost for the Southern Gas Corridor, but more information is needed. [Gas in Transition, Volume 1, Issue 1] by: Joseph Murphy Azerbaijan reported finding more hydrocarbons in the Caspian Sea in late March, after BP and its Azeri state-owned partner SOCAR finished drilling a well to a depth of nearly 7,200 m. The discovery comes at an opportune moment for Azerbaijan, ahead of market tests due to take place this summer to determine whether or not to expand a pipeline that carries the country’s gas to south Europe. ....
Russia s grand LNG designs [Gas in Transition] Apr 26, 2021 7:15:am Summary Russia wants to grab a greater slice of the Asian LNG market, and is wary of rising competition. [Gas in Transition, Volume 1, Issue 1] by: Joseph Murphy Russia s government approved a long-term roadmap in March for building up its LNG export industry, setting its sights on a 20% share of the global market for the super-cooled gas by 2035. But how many of these projects are realised will depend greatly on how much support Moscow is willing and able to afford them. The pandemic and accelerating decarbonisation efforts have led forecasters to dramatically alter their assumptions for long-term global oil demand. But the consensus is that the outlook for gas consumption remains robust, with growth driven by soaring use in Asia and in other areas. ....