Marathon Oil Inks 5-Year LNG Sales Agreement With Glencore
16 Octobre 2023 - 11:40PM
Dow Jones News
By Ben Glickman
Marathon Oil Corp. agreed to sell a portion of the liquid
natural gas it produces from its Alba Field in Equatorial Guinea to
Glencore's U.K. subsidiary in a five-year deal.
Houston-based Marathon Oil said that the agreement, effective
Jan. 1, would have a pricing structure linked to the Dutch Title
Transfer Facility index, giving oil and gas production company
exposure to the European market for LNG.
Marathon holds a 64% working interest in the Alba Field.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
October 16, 2023 17:25 ET (21:25 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Marathon Oil (NYSE:MRO)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Marathon Oil (NYSE:MRO)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024
