Shell CFO: Price too high for stake in Anadarko Mozambique gas project

5/21/2013

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

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