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Erik Prince’s FSG Quits Mozambique Oil and Gas Logistics JV

  • Chinese owners decided to pull out of joint venture, ENH says
  • Mozambique is to draw about $60 billion in gas investments
Erik Prince

Erik Prince

Photographer: Justin Chin/Bloomberg
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Frontier Services Group Ltd., the Hong Kong-based company founded by Erik Prince, has decided to quit a logistics joint venture with Mozambique’s national oil company, even as the country gets ready to receive about $60 billion of investments in natural gas export projects.