May 2 (LNGJ) - Marathon Oil Corp. said its integrated gas segment income was $4 million in the first quarter of 2012 compared to $20 million in the fourth quarter of 2011. This decline was primarily due to weaker Henry Hub gas prices and lower LNG sales volumes due to a planned maintenance of the Equatorial Guinea LNG plant it operates in West Africa.
Marathon LNG income fall
Written by John McKay
Wednesday, 02 May 2012
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