An obscure ZIM in Africa traded Down Under Message Board

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Gold/Mining/Energy : An obscure ZIM in Africa traded Down Under

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To: TobagoJack who started this subject	12/26/2002 8:28:09 PM
From: TobagoJack	of 867

"IEA STUDY HIGHLIGHTS CHALLENGES FACING CHINA'S DEVELOPING GAS MARKET; CALLS FOR A COHERENT NATIONAL ENERGY POLICY" iea.org China must enact strong policy drivers to achieve its goals for gas market development, according to a major new study by the International Energy Agency, "Developing China's Gas Market: The Energy Policy Challenges" released in Beijing today. "The challenges of developing a gas market in China are not confined to the gas sector. They concern a much larger number of actors and require policies that affect the national energy economy as a whole," said Ambassador William Ramsay, Deputy Executive Director of the IEA who launched the study. During the second half of 2002, China signed three multi-billion dollar deals to build the 4,000 km "West-East Gas Pipeline" and to source the liquefied natural gas (LNG) supply for both Guangdong and Fujian provinces in the south east. Despite these impressive deals, which clearly demonstrate China's desire to develop its natural gas market, significant challenges lie ahead.

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