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Wednesday, 13 March 2013

Denmark Oil and Gas Report Q2 2013

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Denmark Oil and Gas Report Q2 2013
Mar 13th 2013, 00:00

BMI View: Denmark is hoping to avoid becoming an oil and gas importer for another few years, despitedeclining production. The government is confident the country will sustain its position as a net exporter ofoil and gas until the end of the decade, with some recovery in volumes likely over the medium term. Overthe longer term, shale gas could play an important role in boosting supply, but environmental concerns mayslow the rate of progress.The main trends and developments in Denmark''s oil & gas sector are:? Total''s November 2012 announcement that it will drill a shale gas well before the end of the year markedthe first significant move to tap Denmark''s shale g...

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