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A Japanese power group executive said they will join a nationwide effort to ensure stable liquefied natural gas supplies amid the Iranian crisis.March 19th - According to Counterpoint Researchs "Foldable Smartphone Market Forecast" report, global foldable smartphone shipments are projected to grow by 20% in 2026, supported by factors such as Apples anticipated entry into the market, the continued premiumization of the smartphone market, and increased OEM participation. With Apple preparing to launch its first foldable iPhone, the foldable smartphone market will enter a new phase of competition in 2026. As the foldable market evolves, the competitive landscape is expected to change rapidly. Apples entry will be a key inflection point. Counterpoint Research predicts that Apple will achieve a 28% market share in 2026, closing in on Samsungs leading position.Goldman Sachs raised its target price for China Literature (00772.HK) from HK$44.90 to HK$45.50.On March 19th, Olivier Dassier, Head of Investment Decision Research for Asia Pacific at SimCorp, stated that central banks operate by taking no risks. Therefore, when faced with external shocks like the Liberation Day tariffs, the COVID-19 pandemic, or similar events, they tend to temporarily back off, pause their actions, and say, "We need data." We saw the Federal Reserve take this hedging measure last night, and the Bank of Japan is clearly doing the same. This year, once things calm down, the Bank of Japan may continue to raise interest rates. However, the market is not responding positively to its bond-buying operations that limit long-term bond yields. The yen has been penalized because the Bank of Japan has limited long-term bond yields. The divergences at Federal Reserve meetings, Bank of Japan meetings, and European Central Bank meetings are much greater than before. This precisely reflects a lack of confidence in the data.On March 19, AstraZeneca announced plans to establish a commercial cell therapy manufacturing and supply base and innovation center in Shanghai. On the same day, the company signed a multi-party cooperation memorandum of understanding with the Shanghai Science and Technology Commission and leading UK research and financial institutions. AstraZeneca will build a dedicated commercial cell therapy manufacturing and supply base in the Lingang New Area of the Shanghai Free Trade Zone for the commercial production and supply of autologous CAR-T cell therapies in China and other Asian markets. This includes AZD0120, a BCMA/CD19 dual-target CAR-T cell therapy developed using Gracell Biotechs FasTCAR rapid production platform.

In Colombia, natural gas consumption has outpaced production

Charlie Brooks

Jun 28, 2022 11:31


According to our most recent Colombia Country Analysis Brief, Colombia imported 14,2 billion cubic feet (Bcf) of natural gas to help meet its natural gas demand for electricity in 2020, when a drop in hydroelectric power was caused by drought.


In 2020, hydroelectricity will contribute to around 65% of Colombia's electrical generation, down from nearly 80% in earlier years. Since hydropower is Colombia's principal energy source, droughts may have a significant effect on the country's electrical producing mix.


The bulk of natural gas used in Colombia is produced domestically and employed to create electricity. In recent years, imports have progressively bridged the gap between domestic natural gas production and domestic demand. In 2020, Colombia produced 399 Bcf of dry natural gas, while domestic consumption was 413 Bcf.


Concerns over the reliability of the nation's electricity supply prompted the Colombian government to approve the Sociedad Portuaria El Cayao (SPEC) LNG import plant in November 2014. The facility started operations in November 2016. The administration has since proposed the Pacific Regasification LNG terminal as the nation's second LNG import plant.


EPM is currently developing the new hydroelectric dam project Ituango. The first of eight 300-megawatt generating units will commence operating in the second part of 2022. The whole project will have a capacity of 2.4 gigawatts when it is finished in 2025. If completed, the Ituango project would be the largest hydroelectric power plant in Colombia in terms of generating capacity. In 2020, the installed electrical production capacity of Colombia was 17 gigawatts.

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