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24/03/10
10:43
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This deal between CNOOC and Bg is being toutes as being worth as much as $80 billion.
China has now committed to $100 billion on two LNG projects that will use coal seam gas for lng exports.
Just goes to show that when the head of a major multi national company - like Don Voelte at Woodside - are not always right.
Remember his comments that all the smart money got out of coal seal gas a long time ago, and, csg is girly gas.
This industry is going to be huge in coming years and esg is in the box seat.
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