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    Reuters: Anadarko Not Selling Down Mozambique Stake -CEO

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Summary

Anadarko Petroleum has no interest in selling down its stake in a planned liquefied natural gas (LNG) project in Mozambique, CEO Al Walker has said

by: Erica Mills

Posted in:

Press Notes, Africa

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Reuters: Anadarko Not Selling Down Mozambique Stake -CEO

Anadarko Petroleum Corp has no interest in selling down its stake in a planned liquefied natural gas (LNG) project in Mozambique, the company's chief executive said on Wednesday, following talk of international interest in the southern African country's gas reserves.

The Houston company's desire to sell some of its interest in the project "approaches zero," CEO Al Walker told investors on a conference call to discuss second-quarter earnings.

Read the full article HERE.

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