NOC loses out in gas pricing debate


Issue 198 - 19 Nov 2010 | 3 minute read

The decision to agree a domestic gas price linked to the Zeebrugge hub spot price, reported by African Energy in late October, appears to be a setback for National Oil Corporation chairman Shukri Ghanem (AE 196/19). According to one well-informed industry analyst who has been following the negotiations, the formula for setting the price which will be paid to gas-producing

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