Italy's state-run Eni is looking to reduce a 50% stake in its giant Mozambique gas acreage as part of plans to sell €5 billion ($5.6 billion) of assets over the next two years.
Last month sources told Reuters that ExxonMobil had reached a deal that could give it an operating stake in the onshore liquefied natural gas export plant, while leaving Eni in control of the Area 4 gas fields feeding it.
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