In the latest "Global LNG Market Short and Long Term Outlook: Trends, Drivers and Forecasts of Supply, Demand, Capacity, Trade and Contracts to 2020" by Research and Markets, it said the current supply surplus in the LNG sector will hit the wall in 2014, where demand will exceed supply by 75 million tonnes.REUTERS
A floating oil-drilling platform with 67 crew on board capsized off the Russian Far East island of Sakhalin when it ran into a storm while being towed, and at least two of the crew died, Russian news agencies reported on Sunday.
Fourteen of the crew were rescued from the Kolskaya platform, operated by the Russian exploration company Arktikmorneftegazrazvedka, but the rest were missing.
(Reporting by Douglas Busvine; editing by Tim Pearce)
