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PTT Exploration Set to Secure Takeover of Cove Energy

Tuesday, 17 Jul 2012 | 2:10 AM ET

"This is a long-term issue and in the long-term demand for energy, all forms of energy is going to rise particularly in developing countries which have still so much growth yet to do and this project is one of those projects which is ideally positioned to supply demand in five years' time," Neil Atkinson, director for energy research at Datamonitor, told CNBC.