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Nigeria is experiencing a rise in demand for its Liquefied Natural Gas (LNG) due to ongoing global energy disruptions, while also speeding up approvals for oil output to capitalize on current market conditions. Buyers are reportedly shifting focus towards Nigerian supplies as alternatives to Middle Eastern sources.
In response to the disruptions triggered by the US-Israeli conflict with Iran, India is enhancing its energy collaboration with Russia to secure critical crude oil and LNG supplies.
Qatar has condemned Iranian strikes on its critical energy infrastructure, labelling the actions a "very dangerous escalation" that have disrupted global energy markets. The attacks have impacted 17% of the nation's liquefied natural gas export capacity, leading to significant financial losses and global concern.
Pakistan has announced an expansion of its domestic energy sources including solar, nuclear, hydro, and coal to lessen its dependence on liquefied natural gas (LNG) and enhance its resilience against global supply interruptions.
QatarEnergy has announced a temporary halt in its liquefied natural gas (LNG) production, leading to a declaration of Force Majeure for its buyers. The company cited circumstances beyond its control for the operational disruption.
