Blazing gas flares 70 meters high brighten the night sky above Qatar’s Ras Laffan Industrial City. The 295-square-kilometer complex houses the world’s largest assemblage of liquefied natural gas plants and the biggest port for LNG exports on the globe. Ras Laffan chills to a fluid more gas in a year than Canada consumes and then ships it to run electric plants and warm homes from Tokyo to Buenos Aires. The gas facilities within its grounds produce almost a third of the world’s LNG exports, Bloomberg Markets will report in its May issue.
Canada’s OPSEU Pension Trust and Australia’s Retail Employees Superannuation Trust are among companies weighing bids for Australian import terminals that may fetch as much as A$500 million ($462 million), according to people with knowledge of the matter.
People born from 1966 to 1980, known as Generation X, are fatter and twice as likely to have diabetes as Baby Boomers were at the same age, according to an Australian study that predicts younger generations will be sicker and costlier to care for in old age.