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Concern about gas delay

2015-05-10 11:48:21| Oil & Gas - Topix.net

The process of commercialising natural gas from the Aphrodite gas field in Cyprus' offshore Block 12 could be pushed back for several months, after Noble Energy Inc, the major partner in Block 12, announced a first quarter net loss of $22 million on Tuesday. Noble, which has been cutting jobs in the US, reported a net loss despite an 11% increase in sales volumes.

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