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Gazprom and the State Property Committee of the Republic of Belarus have signed a purchase and sale agreement for Beltransgaz shares.
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The Commission conditionally approved article 22 derogation to the "Poseidon pipeline", a new gas pipeline that will connect Greece and Italy. This derogation, foreseen in article 22 of the Gas directive (2003/55/EC), exempts major new infrastructures from the third party access rules of the same directive for a limited period of time in order to make the investment possible.
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Gold is a highly sought-after precious metal which, for many centuries, has been used as money, a store of value and in jewellery. The metal occurs as nuggets or grains in rocks, underground "veins" and in alluvial deposits.
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The Joint Asian Derivatives Exchange (JADE) announced plans to launch its Crude Palm Oil (“CPO”) futures contract on 6 June 2007.
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The Chicago Board of Trade (CBOT), one of the world’s leading derivatives exchanges, announced that April’s total volume was 61,386,684 contracts, an increase of 7 percent compared with April 2006.
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The London Stock Exchange will on Tuesday 24 April welcome five new Exchange Traded Commodities to its commodities market segment. The new commodities, which are issued by ETF Securities, include Platinum, Palladium, Silver and Gold trackers as well as a basket of the four metals.
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CBOT Holdings, Inc., holding company for the Chicago Board of Trade, announced record quarterly earnings and revenues. Net income was $55.4 million, or $1.05 per diluted share, for the first quarter ended March 31, 2007.
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The Chicago Board of Trade announced that it will launch mini-sized CBOT Ag futures contracts on its e-cbot® electronic trading platform. This is the first time these contracts will be available on an electronic platform and they will include mini-sized Corn, mini-sized Soybeans and mini-sized Wheat contracts.
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At a time when commodities have taken a hefty hit - crude oil has dropped 28.8% from its high on May 2, gold is down more than 25%, and natural gas has corrected 49.5% - one commodity is moving higher by the day.
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The Chicago Board of Trade today announced that February’s volume reached a record 86,224,665 contracts, an increase of 29 percent over February 2006. Average daily volume (ADV) for February was a record 4,538,140 contracts traded each day, also up 29 percent compared with the same month last year.
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