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Page added on February 12, 2006

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G8 plans anti-shock fund to combat energy crisis

G8 finance chiefs, struggling at a weekend meeting here to avert future energy shocks, considered creating an anti-shock fund and developing a global gas market.
The scheme would also rely on the use of technology to produce and store liquefied natural gas (LNG), which is transportable by ship without the need for pipes.

gulf-daily-news



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