BP sells stake in gas plant to Andarko

first_imgWednesday 23 March 2011 4:39 am Show Comments ▼ BP’s said it had sold its interest in a natural gas processing plant in Colorado to Andarko Petroleum for $575.5m (£351m).The Wattenberg plant, located in the northeastern part of the state, has the capacity to process about 195 million cubic feet per day of natural gas and 15,000 barrels per day of natural gas liquids and gas condensate.The sale follows BP offloading of other US assets after the Gulf of Mexico oil platform explosion which claimed 11 lives and sent the company into crisis mode.Included in the sales have been a string of oilfields to Apache for $7bn. The group has a target of $30bn of sales by the end of the year. whatsapp BP sells stake in gas plant to Andarko Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap whatsapp John Dunne Share Tags: NULLlast_img read more