{"id":294698,"date":"2019-10-01T12:14:14","date_gmt":"2019-10-01T06:44:14","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=294698"},"modified":"2019-10-01T12:28:30","modified_gmt":"2019-10-01T06:58:30","slug":"oil-major-total-closes-purchase-of-mozambique-lng","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-major-total-closes-purchase-of-mozambique-lng\/","title":{"rendered":"Oil major Total closes purchase of Mozambique LNG"},"content":{"rendered":"<p>French oil major Total has completed the acquisition of Anadarko&#8217;s 26.5% stake in Mozambique&#8217;s liquefied natural gas project for $3.9 billion, Total said on Monday, in a deal expected to raise much-needed revenue for Mozambique. <\/p>\n<p>&#8220;Mozambique LNG is a one of a kind asset that perfectly fits with our strategy and expands our position in liquefied natural gas,&#8221; Total chairman and CEO Patrick Pouyanne said in a statement. <\/p>\n<p>Anadarko has agreed to be taken over by Occidental Petroleum Corp. Anadarko led a liquefied natural gas project in Mozambique, but was replaced by Total after the French oil major agreed to buy Anadarko&#8217;s African assets for $8.8 billion as part of the Occidental takeover.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>French oil major Total has completed the acquisition of Anadarko&#8217;s 26.5% stake in Mozambique&#8217;s liquefied natural gas project for $3.9 billion, Total said on Monday, in a deal expected to raise much-needed revenue for Mozambique. &#8220;Mozambique LNG is a one of a kind asset that perfectly fits with our strategy and expands our position in liquefied natural gas,&#8221; Total chairman and CEO Patrick Pouyanne said in a statement. Anadarko has agreed to be taken over by Occidental Petroleum Corp. Anadarko led a liquefied natural gas project in Mozambique, but was replaced by Total after the French oil major agreed to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-294698","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=294698"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294698\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=294698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=294698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=294698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}