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Chevron to sell Bangladesh gas fields to chinese co

更新时间:2017-04-26 10:04:32  点击次数:8430次
NEW DELHI, April 24 (Reuters) - U.S. oil and gas company Chevron Corp (CVX.N) said on Monday it has agreed to sell its three gas producing fields in Bangladesh to Chinese firm Himalaya Energy, as part of a plan to raise billions of dollars by shedding non-core properties this year.

"The agreement is for the sale of Chevron's Bangladesh companies, which hold our interests in Bangladesh," a company spokesman told Reuters, declining to share the deal value or any timeline.

The spokesman said Himalaya Energy is owned by a consortium of China ZhenHua Oil and CNIC Corp Ltd. ZhenHua is a state-owned oil company while CNIC is an investment corporation established in Hong Kong.

Reuters reported in February that ZhenHua Oil had signed a preliminary deal with Chevron to buy the U.S. oil major's natural gas fields in Bangladesh that are worth about $2 billion.

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