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International Tankers and Gas Energy

Producers hold fire on new oil and gas projects

The overall investment value of new projects sanctioned this year may fall to less than a third of last year’s figure if oil hovers in the $30 range. Low oil prices have also challenged the viability of producing projects, analysts have said

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Projects vying for final investment decisions but seeking a farm-down in equity exposure to do so will be challenged — Wood Mackenzie

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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