Anadarko studies partnership for Mozambique gas resources

11/28/2012 | Wall Street Journal, The

Anadarko Petroleum is studying a partnership in Mozambique as a way to share development costs for a major offshore natural gas discovery in the country. "It's a pretty significant piece of the portfolio for something that's not producing," said John Colglazier, the company's vice president for investor relations. Mozambique's offshore fields contain up to 65 trillion cubic feet of recoverable gas, Colglazier said.

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