Government Mulls Gas Pooling Options as Crude Reaches Newer Lows

摘要

The government is mulling the gas pooling idea as crude prices plummeted to below $45/barrel. The idea was tinkered with earlier but never took off as the prospect was unviable. The new plan to pool the existing, albeit limited, supply of domestic gas with imported re-gasified liquefied natural gas (R-LNG) offers some fresh options, given the global crude situation.