AWE on sale

The disposal of part of its stake in the BassGas project sheds light on AWE's value and shows our investment case remains on track.

For years the BassGas project has been the largest project in AWE’s portfolio. More recently it has also been a troubled one. Cost overruns, asset writeoffs and expensive maintenance has reduced the value of the project. What should have been a splendid operation has, over time, become merely an acceptable one.

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