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Argentine deal with holdouts crucial for nation's shale gas

Focus Argentine deal with holdouts crucial for nation's shale gas

Focus story by Al Greenwood

HOUSTON (ICIS)--If Argentina can reach a settlement with its hold-out creditors, the country would not only avoid another default.

It could also speed up the development of its vast reserves of shale gas, reducing the country's energy shortage.

That, in turn, could end the annual winter-time cuts in natural-gas supplies that Argentina imposes on petrochemical and other industrial companies.

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