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Marathon potential.
(From Lloyds List)
Marathon Oil has highlighted the potential for considerable expansion at its Equatorial liquefied natural gas project, writes Tony Gray .
Construction of train 1 was 'on-budget and ahead of schedule' with first shipments expected in the second quarter of 2007, the US oil company said.
Based on a $6 Henry Hub price, Marathon expects to realise annual after tax cash flow of about $200m and after tax income of $180m from this 3.7m tonnes a ...
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