Chinese energy observers say Beijing will not be deterred from developing gas fields in the East China Sea, despite Japanese protests about the construction of a new offshore platform.
Imports of Russian gas into Europe will rise. Even if transit via Ukraine comes to an end after 2019, new lines into Europe will support additional flows.
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Sound Oil, a Mediterranean-focused upstream gas company, has been awarded a production concession for the Nervesa discovery in Italy by the Italian Ministry of Economic Development.
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