exxonmobil to sell gas assets in indonesia
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

ExxonMobil to sell gas assets in Indonesia

Arab Today, arab today

Arab Today, arab today ExxonMobil to sell gas assets in Indonesia

Washington - AFP

US energy giant ExxonMobil said Monday that it was selling its stake in a cluster of natural gas assets in Indonesia which have been at the heart of a long-running human rights lawsuit. The assets include gas fields in Indonesia's resource-rich Aceh province, which was the site of a long-running conflict between the Indonesian government and separatist rebels. "ExxonMobil is marketing the shares it holds in three companies associated with the Aceh gas and LNG (liquefied natural gas) producing operation in Indonesia," the company said in a statement. "The marketing does not involve any other ExxonMobil projects or interests in Indonesia," it added. One of the assets being sold is ExxonMobil Oil Indonesia, which was named a defendant in a lawsuit by 11 villagers who claim that ExxonMobil's security forces committed torture, rape and murder while protecting the company's gas projects. The company has rejected the allegations of the villagers, who first filed their lawsuit in 2001. In July, a US federal court allowed the lawsuit to go forward, the latest twist in a lengthy legal battle. ExxonMobil did not mention the lawsuit in its statement and said that its decision to sell the assets was "consistent with ExxonMobil's long-standing practice of continually reviewing assets for their contribution to ExxonMobil's operating and financial objectives". Aceh rebels signed a peace pact with the Indonesian government in 2005, ending nearly three decades of conflict.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

exxonmobil to sell gas assets in indonesia exxonmobil to sell gas assets in indonesia

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

exxonmobil to sell gas assets in indonesia exxonmobil to sell gas assets in indonesia

 



GMT 01:14 2017 Friday ,06 October

Afghan forces flushing Taliban out of Kunduz

GMT 21:45 2017 Thursday ,16 February

Samsung heir arrested in corruption probe

GMT 13:14 2017 Saturday ,14 January

Ed Sheeran breaks Spotify records with new music

GMT 15:32 2016 Tuesday ,20 December

China’s economic growth to slow to 6.5%

GMT 15:52 2017 Sunday ,05 February

Janadriyah fest celebrates symbols of Saudi identity
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday