In this issue:

EDITORIAL: TAKING THE LEAD;
NGW INTERVIEW: DIETER HELM;
SEIZE THE DAY!
ENERGY SPENDING TAKES A WRONG TURN;
INDIA CUTS DIESEL WITH GAS;
CANADA’S NORTH SEEKS A SEAT AT THE LNG TABLE;
UZBEKISTAN FOCUSES ON MID/DOWNSTREAM;
ARGENTINA EYES LIQUID MARKET FOR ITS SHALE GAS;
RUSSIA’S POWER STRUGGLE.