Natural Gas Asia

Saturday, April 18, 2015

News

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Reuters: Anadarko Considers Selling Mozambique Gas Assets to Exxon

Anadarko Petroleum is considering selling its multi-billion dollar stake in Mozambique's giant gas reserves, with Exxon Mobil and Qatar Petroleum both showing interest, banking and industry sources said. Exxon is seen as the front runner, and it would be its first big acquisition since the oil price collapse.

WSJ: Fate of Gas Field Is Test for Indonesia’s New Leader

The fate of Indonesia’s largest gas field is providing a stern test of the country’s openness to foreign investment under new President Joko Widodo, while threatening billions of dollars of potential spending by major oil companies from France and Japan on its struggling resources sector.

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