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FACTS forecasts two gas-price convergence trends

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Natural gas prices are converging upward,both in conjunction with rising oil prices and across global gas markets,according to a study of gas trends by Fesharaki Associates Consulting Technical Services Inc.(FACTS),Honolulu."Both trends are unique and define for us a whole new world,"FACTS said."Most buyers and sellers have not yet grasped the implications of these two trends."The study,"Globalization of Gas Prices:When Will It Become a Reality in the East?"was released during the early December Gastech meeting in Abu Dhabi.

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