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Exclusive: Chevron puts Myanmar gas block stakes worth $1.3 billion up for sale - sources

A Chevron gas station sign is pictured at one of their retain gas stations in Cardiff, California October 9, 2013.

U.S. oil and gas major Chevron Corp has put all of its Myanmar gas block stakes up for sale, which at a combined likely valuation of $1.3 billion, would be the biggest deal involving Myanmar assets to date, financial sources familiar with the matter said.

The sale, part of Chevron's efforts to preserve cash and retreat from non-core assets in the wake of sliding oil prices, is seen as setting...


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