February 7, 2011

WSJ: Major Gas Field Found off Mozambique

Natural gas producer Anadarko Petrolium Corp has announced a new discovery off the coast of Mozambique, according to an article in the Wall Street Journal. The find is one of a number of recent deepwater discoveries in the area, and makes it more likely that additional, undiscovered reserviors are located nearby. According to the Journal, the field could be "ideally placed to supply Asian natural-gas markets by the middle of the decade."

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