Deals
Chevron Said to Seek $2 Billion in Sale of Bangladesh Gas Fields
- U.S. producer operates three natural gas fields in country
- Chevron selling Asian assets to weather fall in oil prices
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Chevron Corp., the U.S. oil producer divesting assets to counter an energy-price slump, is seeking about $2 billion from a sale of natural gas assets in Bangladesh, people familiar with the matter said.
The San Ramon, California-based company is in talks to sell its interests in natural gas fields it operates in the South Asian nation, according to the people. The sale has drawn interest from suitors including Indian and Chinese oil producers, the people said, asking not to be identified because the information is private.