9/28/2011

Chevron is studying the prospects of developing shale natural gas in Latin America, said Ali Moshiri, president of Chevron Africa and Latin America Exploration and Production. "We are looking at Argentina as some other companies are already doing," Moshiri said. But Moshiri said he doubts that shale gas will spark a drilling frenzy in the region because of the large quantities of conventional energy sources there.

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