Deals
Fenix gas field is part of the Cuenca Marina Austral (CMA-1) license, operated by Total Austral in Tierra del Fuego, Argentina since the 1990’s.
Realty companies in China have been facing a credit crunch after the government earlier tightened lending to the sector in order to reduce debt risks.
The transaction is expected to close in the 4th quarter of 2022, subject to customary regulatory approval.
The agreement was sent by the legal advisors to be signed by the representatives of the contracting parties.