Italy Oil & Gas Report Q1 2014 - New Market Study Published
Although Italy is thought to retain moderate untapped hydrocarbons potential, bureaucratic and regulatory challenges are set to hamper previously outlined goals to reduce the country's hefty import burden. Despite the start of production from the Tempa Rosa field from 2017, we see only limited upside risk to our production forecast from current exploration and production efforts. While we expect increased reliance on liquifned natural gas (LNG) imports as new infrastructure comes online, we are not yet assuming all planned terminals...
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