In the first half of 2011, 66 energy projects with private participation reached financial or contractual closure in 13 low and middle-income countries. Additionally, US$4.8 billion was invested in the second phase, 1224km expansion of Russia's Nord stream gas pipeline, following the phase one financial closure that occurred in 2010, bringing total investment commitments to the energy sector to US$20.9 billion. Although this activity represents an...
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