Reliable sources tell Interfax that the joint venture of CB&I;, Chiyoda Corp. and Saipem working on onshore EPC for Anadarko’s LNG project, will also work on Eni’s project.
The state oil and gas company’s financial pain will restrict gas production growth in Brazil. But a slew of financial, technical and economic issues are also potential hurdles for gas output.
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European hub prices have seen some gains over the past week, but more downward pressure on prices lies ahead.
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