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Europe Daily Bulletin No. 10616

17 May 2012
ECONOMY - FINANCE - BUSINESS / (ae) competition
Joint gas venture in Angola

Brussels, 16/05/2012 (Agence Europe) - On Wednesday 16 May, the European Commission gave the go-ahead to the planned acquisition of joint control over the Angolan company Angola LNG by BP of the UK, Chevron Global Energy of the US, Eni of Italy, Sociedade Nacional de Combustíveis de Angola (Sonangol) of Angola and Total of France. The joint venture will be active in the production of liquefied natural gas (LNG) in Angola and the worldwide supply of LNG. Despite an overlap of the parties'...

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