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February 14th, 2012
Gazprom May Explore Dominican Shelf

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The Dominican Republic has invited Russian gas giant Gazprom to carry out geological exploration for oil and gas on the Dominican shelf in a bid to cover the nation’s energy shortage, Gazprom said on Tuesday. The Caribbean republic faces an electricity shortfall of 2,000-2,300 megawatts and is highly dependent on hydrocarbon imports.  Read More