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Wave of Australian LNG write-downs looms amid oil slump
2015-02-04 07:39:12| Oil & Gas - Topix.net
The seven-month oil rout threatens to erode the returns of local LNG producers, whose contracts with Asian buyers are linked to crude. Photo: Michele Mossop BG Group's move to write down the value of its Australian assets after the slide in oil prices may kick off a wave of impairments in the country's natural gas export industry.
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Category:Energy and Environment
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