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At the natural gas industry’s annual conference a few weeks ago, ex-ANH head and now Vice-minister of Energy, Orlando Cabrales, talked about the Coal Bed Methane (CBM) opportunity. The only National Hydrocarbons Agency (ANH) auction planned this year is for CBM and the next big oil and gas auction is not expected until 2014. Based on the data which we show in the above chart, Cabrales expects 23TCF of CBM to be available from the six top areas.

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