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  • January 24, 2006 03:17 ET | Source: Statoil ASA
    Statoil Writes Down Iranian Gas Project

    OSLO, Norway, Jan. 24, 2006 (PRIMEZONE) -- Due to considerable cost increases and delays in the development of phases 6-7-8 in the Iranian South Pars gas field, Statoil (NYSE:STO) (OSE:STL) has...