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Total Pays $800M To Increase Stake In Novatek

By Erin Fuchs (December 9, 2011, 8:35 PM EST) -- French energy company Total SA has paid $800 million to boost its interest in natural gas producer OAO Novatek to more than 14 percent, Total said Friday, the same day Russia's Novatek said it planned to double its production by 2020....

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