Bloomberg: Chevron seeking buyers for $1B in U.S. assets

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX +1.1%) is seeking to sell pipeline and storage operations in Texas and Louisiana that together may fetch more than $1B, Bloomberg reports.

CVX is said to be working with Jefferies to sell the West Texas LPG Pipeline, a natural gas pipeline 20% owned by Atlas Pipeline Partners (APL -0.2%), and is seeking buyers for a gas storage facility in West Texas, a crude oil terminal close to the Gulf of Mexico, and at least one of its pipelines in Louisiana.