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Latvia’s gas utility expects monopoly loss after 2017 sector restructuring

Latvian gas utility Latvijas Gaze, possessed by Germany's E.ON and Russia's Gazprom, anticipates to lose its domination in a liberalization of the sector after 2017, according to its spokesman on Wednesday.

read more... 27/11/2014

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LNG transporter Hoegh predicts challenging market until 2016-2017

Oslo-listed liquefied natural gas (LNG) transporter Hoegh LNG registered third-quarter profits below expectations on Wednesday and declared its market could continue to be tough for the next two to three years because of an oversupply of vessels.

read more... 27/11/2014

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Eni obtained approval from Ghana for $6 billion offshore gas project

Ghana's government has given Italian energy company Eni the final approval to expand gas resources in the Offshore Cape Three Points (OCTP) block, likely to start production in 2017, it said on Monday.

read more... 25/11/2014

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Tamar gas corporation plans improvement, counting pipeline to Egypt

Israel's offshore Tamar gas field could obtain an improvement of $1.5-$2 billion, counting the construction of an undersea pipeline to an export plant in Egypt operated by Spain's Union Fenosa Gas (UFG).

read more... 21/11/2014

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Ineos intends to invest $1 billion in UK shale gas

Swiss chemicals group Ineos announced on Thursday about its intention to spend $1 billion for shale gas exploration in Britain, aiming to follow the U.S. shale expansion in one of few European countries to support contentious fracking technology.

read more... 21/11/2014

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