Shell opens bidding war for East Africa’s gas

Issue 226 - 01 Mar 2012 | 4 minute read

Minnow Cove Energy is at the centre of a bidding war after Royal Dutch Shell’s proposed $1.6bn bid was followed by a counter-offer from Thailand’s PTT. As new finds push up reserves figures for Tanzania and Mozambique, more majors are expected to snap up the small players who pioneered East African exploration, writes Thalia Griffiths

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