HONG KONG (AFX-ASIA) – CNOOC Ltd will spend US$200-300 million in the five years before 2007 investing in Tangguh, which is expected to supply LNG to CNOOC in the middle of 2007. Last month, the company said it will pay about US$275 million for the 12.5% stake it will acquire in the Tangguh LNG project….

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