Magazine T&B
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This is the first offshore LNG receiving terminal project in Uruguay.
company has agreed to buy 370,000 tonnes a year.
Oilex, as Operator, will be working with Schlumberger.
Total value of the contract is USD 443 million.
Vessels will be delivered in 2015 and 2016.
Discovery was made via the Limbayong-2 well.
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