Shell CFO: Price too high for stake in Anadarko Mozambique gas project
BY SELINA WILLIAMS
LONDON -- Price expectations for a stake in Anadarko Petroleum Corp.'s (APC) Mozambique gas project are too high, Royal Dutch Shell's chief financial officer, Simon Henry, said Tuesday.
"You could have said that a year ago and not much has changed," he told reporters after the company's annual general meeting.
Shell has been in talks with Anadarko to acquire a stake in the massive gas opportunities in Mozambique.
Dow Jones Newswires