SOUTH AMERICA

Nataly 1 gas deal done

A 15-YEAR natural gas supply contract for the Nataly 1 LNG project has been struck between Altenesol Colombia and Geoproduction Oil and Gas Company.

The contract is for the supply of 17 million cubic feet per day of natural gas a price of $US4.90 ($A4.72) per million cubic feet. There also is an annual price escalation of 2% starting in the second...

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