VOL. XLIV
No 48
26-November-2001
ISRAEL
BGDenies Gaza Gas Development Reports
BGhas denied Israeli press reports that it would invest $400mn to develop gasreserves offshore Gaza. The Israeli daily Ma'ariv reported on 19November that BG had completed its development plans and was going ahead withthe construction of transportation and distribution infrastructure. A BGspokesperson told MEES that the company had no short-term plans todevelop its Gaza offshore gas discoveries and refuted the reserves...
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