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Sunday, June 23, 2019

Trump administration backs largest-ever U.S. investment in Africa as Anadarko Petroleum invests in $20 billion LNG project - Talk Business & Politics

Trump administration backs largest-ever U.S. investment in Africa as Anadarko Petroleum invests in $20 billion LNG project - Talk Business & Politics: Houston-based oil and gas independent Anadarko Petroleum Corp., which agreed to a unsolicited $38 billion takeover bid from rival Occidental Petroleum Corp. last month, plans to spearhead the largest U.S. source investment on the African continent in a deal strongly backed by the Trump administration.

On Tuesday (June 18), U.S. Deputy Secretary of Commerce Karen Dunn Kelley led an overseas delegation of U.S. government officials to witness the historic $20 billion signing ceremony by Anadarko and the government of Mozambique to construct a Liquified Natural Gas (LNG) terminal just off the coast of the southeast African nation

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