Mozambique gas stake on offer

06 March 2013

Martin Quinlan, LONDON: Bids were invited in March for a substantial interest in one of the world's largest undeveloped gas areas. Anadarko, operator for an offshore area which is due to supply a 10-train liquefied natural gas (LNG) complex, and India's Videocon, a participant, are selling a combined 20.0% holding in the licence. The sale is designed to attract one of the largest LNG players into the development, which is being targeted for a go-ahead decision this year. Each company is to sell 10.0% in the Area 1 licence, with Anadarko's interest falling to 26.5% and Videocon -...



Please log in to read the rest of this article.

Note: If you subscribe to PE Unconventional and wish to read this article, you will need to upgrade your subscription to include Petroleum Economist. Please contact Alastair Noakes on +44 (0) 207 779 8007 for full details.

New to Petroleum Economist? Take advantage of one week's free access - register here

Login here


You  must login to read the rest of the article.


Login

Join us now


Gain 7 days FREE access when you register now


Join here

Related Articles




Latest issue: April 2014

Venezuela on the brink

A YEAR after the death of Hugo Chávez, the movement he left behind is fighting for its survival without its comandante.


View online now