VENEZUELAN LNG BACK ON TRACK; MOBIL HIKES STAKE IN QATAR LNG

Two big liquefied natural gas projects are showing progress. Venezuela's $3 billion LNG export project is stirring again, and Mobil Corp. has wrapped up the details in a deal to acquire a 10% interest in Qatar Liquefied Gas Co. (Qatargas) and an associated offshore field development project. Venezuela's stalled LNG project is again moving ahead since partners have settled a dispute over protection of technology.

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