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Business news - 06 June 2012

IEA report predicts bright future for natural gas

A new IEA energy report has predicted that natural gas use will see huge growth over the coming years buoyed up by demand in China and Asia, even though European demand is likely to decrease.

 

ABB wins contract to boost Turkish gas pipeline capacity

ABB was awarded a contract to supply automation and safety systems, electrical equipment and related services for a new gas compression station that will serve the natural gas pipeline that runs across northern Turkey.