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PDC wins European Investment Bank Contract

PDC announces the signature of a key two year framework contract with the European Investment Bank. This will cover the provision of due diligence services regarding the appraisal and due diligence of investment projects in the oil & gas sector. Sub-sectors included are oil & gas production, transmission and distribution, above and underground storage, liquefied natural gas and oil refining. The first projects to be reviewed by PDC will be a number of gas storage projects vital to secure European gas supplies in the context of recent supply interruptions from Russia.