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Texaco Inc might sell natgas field
- Subject: Texaco Inc might sell natgas field
- From: ktint@xxxxxxxxxxxxx
- Date: Tue, 13 May 1997 13:39:00
Subject: Texaco Inc might sell natgas field off Burma
Texaco Inc might sell natgas field off Burma
RYE BROOK, NY, May 13 (Reuter)- Texaco chief executive Peter Bijur said
at the company's annual shareholders meeting that the company would
consider selling its Andaman Sea natural gas stake offshore Burma.
"We have prepared financial data...including the possibility of a sale to
a third party," Bijur said.
Protestors have called for Texaco to exit Burma because of the country's
military dictatorship.