BMI View:ArecentstreamofnewinvestmentintoT&T’sstruggling hydrocarbons sector supports our modestly more optimistic stance toward the country’s long-term oil and gas production potential. Indeed,while we stress that significant risks remain given a chal-lengingbelow-groundpicture,stepsbythegovernmenttoincentivise greater upstream activity imply potential for a brighter future for the oil and gas sector.
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