15.11.2013 - Ophir in $1.3 bln deal with Temasek unit for Tanzania gas
Britainís Ophir Energy agreed a $1.3 billion sale of a stake in Tanzanian gas fields, bringing in a unit of Singaporeís Temasek Holdings to help fund a development project in the latest Asian investment in East Africaís gas sector. Ophir, whose shares soared 16 percent after the announcement of the long-awaited deal, said last month a sale process was under way with Indian state-run gas company GAIL in the running as a potential buyer...............................................Full Article: Source
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