03
Dec
2010

Chevron sells 18% stake in Indonesian gas project to Sinopec

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China’s Sinopec has agreed to buy three deepwater gas blocks in East Kalimantan, Indonesia from Chevron for $680 million. The blocks form part of Chevron’s Gendalo-Gehem development and produced visual_editor8 million barrels of oil and 4,757 Bcm of natural gas by the end of visual_editor009.

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