Energy Update

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In many ways this has been a strong year for fuel cells, with the total number of shipments up again — by two-thirds on 2015 — and transport-related shipments in particular having doubled to 280 MW.

TRIPOLI, Dec 21 (Reuters) - Operations at Libya's
southwestern Sharara oilfield were gradually resuming on
Wednesday after the lifting of a two-year blockade on a pipeline
leading from the field, a senior official said on Wednesday.

LUXEMBOURG, Dec 21 (Reuters) - The European Union is within
its rights to apply carbon taxes to flights between Switzerland
and member states although flights to and from other countries
outside the bloc are exempt, the EU's top court said on
Wednesday.

DUBAI, Dec 21 (Reuters) - Saudi Arabia's state budget for
2017, which is expected to be released on Thursday, will boost
spending to support economic growth while raising domestic
energy prices to ease the government's subsidy burden, sources
told Reuters.

* Monju beset with accidents, missteps since construction
began

* Monju beset with accidents, missteps since construction
began

OSLO, Dec 21 (Reuters) - Norway's central bank, which
manages the country's $869 billion wealth fund, has excluded an
additional 15 companies from its portfolio due to their use or
production of coal, and plans further exclusions next year, it
said on Wednesday.

* Could bolster Asia LNG prices

(Adds CNPC forecast in paragraph 13)

BEIJING/SINGAPORE, Dec 21 (Reuters) - China's state oil and
gas majors are set to import record levels of liquified natural
gas (LNG) this month, betting on robust demand during the cold
winter months and helping lift Asian prices to their highest in
nearly two years.

KUALA LUMPUR, Dec 21 (Reuters) - Malaysian state fund
1Malaysia Development Bhd has made interest payments on one of
its bond issues this quarter, after failing to pay earlier this
year because of a dispute with a guarantor, Malaysia's second
finance minister said on Wednesday.

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