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URUGUAY: Regasification Plant Heralds Major LNG Ambitions

URUGUAY: Regasification Plant Heralds Major LNG Ambitions

Bottom line: With final plans for a regasification plant in the Montevideo Bay approved, Uruguay is aggressively working to position itself as an energy hub despite a lack of conventional resources.

Analysis: On 14 May, France’s GDF Suez won a contract to build a liquid natural gas (LNG) regasification plant off the Montevideo shore. The plant should be operational by March 2015, with…

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