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Cape takes charge from Arzew project, shares sink

By Benjamin Chiou

Date: Friday 25 May 2012

Problems at Cape's GL3-Z LNG (liquefied natural gas) Project in Arzew, Algeria appear to be worse than originally thought.

The energy and mineral resources services provider has revealed that its full-year profits will be held back by a £14m charge related to the project.

As...

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