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Husky, Cnooc resolve Liwan gas dispute

Thursday, August 4, 2016 - 05:50
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Husky, the Canadian producer controlled by Hong Kong billionaire Li Ka-Shing, on Tuesday announced an agreement that will lower prices paid for gas output from the deepwater Liwan project.

Calgary

THE end of a dispute over prices from an offshore Chinese energy project resolves an overhang on shares of Husky Energy Inc and prospects for natural gas development in the Asian nation.

Husky, the Canadian producer controlled by Hong Kong billionaire Li Ka-Shing, on