| The energy regulator CERA has handed to the President a 47-page report recommending the establishment of a state-run hydrocarbons corporation.
CERA was also said to be recommending the setting up of a sovereign fund for gas proceeds and suggests a law be passed stipulating that 5.0 per cent of revenues be allocated to the budget and 95 per cent held for development and investment. CERA estimates the cost of an LNG plant to around €10 billion...............................................Full Article: Source
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