IRVING, Texas, April 3 /PRNewswire/ -- Exxon Mobil Corporation (NYSE: XOM)
announced today that it has reached agreement to sell Mobil's 100 percent
holding in Mobil Europe Gas Inc. (MEGAS) to Duke Energy International (DEI).
The sale of MEGAS is subject to approval by the European Commission under the
terms of the Commission's approval on September 29, 1999, of the ExxonMobil
merger, which was closed on November 30, 1999. The parties to the sale also
have filed for approval under the Hart Scott Rodino Act.
MEGAS is a leading independent natural gas marketer operating in The
Netherlands. Source of the gas is through supply contracts with ExxonMobil
affiliates in the UK, The Netherlands and Germany.
Exxon Mobil Corporation is a leading global petroleum and petrochemicals
company whose subsidiaries have operations in about 200 countries. Additional
information about ExxonMobil can be found at http://www.exxon.mobil.com.
SOURCE Exxon Mobil Corporation
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Related links:
http://www.exxon.mobil.com
CONTACT:
Dave Dickson of Exxon Mobil Corporation,
972-444-1108
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