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09
Mar
2017
Exxon to buy stake in gas block offshore Mozambique for $2.8bnBy:OIL & GAS Exxon Mobil Corp said on Thursday it would buy a 25% stake in a natural gas-rich block, offshore Mozambique, from Italy's Eni for $2.8-billion in cash. The offshore gas reserves discovered by Eni in Mozambique are large enough to need a giant liquefied natural gas (LNG) export plant.
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