Deals
Total in ‘Advanced Talks’ to Sign China Shale Gas Agreement
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Total SA is preparing to sign an agreement, possibly within days, with a Chinese partner to explore for shale gas in the Asian country.
“We are in very advanced talks with a big Chinese company for shale gas,” Yves-Louis Darricarrere, head of exploration and production at Total, Europe’s third-biggest energy company, said yesterday in an interview. “I hope we can announce something very shortly.” Darricarrere declined to identify the partner.