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Oil Search under the pump over price slump
2015-05-16 00:20:45| Oil & Gas - Topix.net
Oil Search chairman Rick Lee said that while the oil price has rallied in the last few months, it remains around 40 per cent lower than the average price realised in 2013. Papua New Guinea focused energy producer Oil Search has warned revenues will fall in the second quarter as the prolonged slump in oil prices triggers lower prices for its liquefied natural gas supplies.
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Category:Energy and Environment
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