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Russia to Become Key Player in World LNG Over Next 10 Years

Сonstruction works on the centrepiece of the huge oil and gas Sakhalin II development - the LNG plant - are nearing completion.

Gas discovery in the Barents Sea

StatoilHydro Petroleum AS, as operator of exploration licence 394, has completed drilling of exploration well 7224/6-1 in the Barents Sea.