No 20



Edison Sells WDDM, LNG Assets To Petronas For 1.6Bn

Italys Edison International announced on 24 April that it had agreed to sell its 50% holding in the West Delta Deep Marine concession (WDDM) and those in the related gas processing and liquefaction facilities at Idku to Malaysias Petronas for 1.6bn (MEES, 27 January). The sale of the WDDM concession to Malaysias largest oil group marks the beginning of the final phase of Edisons divestiture program, the company...