By Silvia Antonioli LONDON (Reuters) - BHP Billiton is planning to sell its Fayetteville shale gas assets in the United States, the mining and energy group said on Monday, in the latest effort to trim its portfolio in the region and focus on more profitable petroleum liquids. The petroleum division of BHP , the world's largest miner, is one of the largest foreign investors in the U.S. Within the petroleum business, however, BHP has made it clear it intends to focus on liquid products in the United States, a more lucrative business than dry gas. Chief Executive Andrew Mackenzie, a former BP executive, told investors that the company had begun "marketing" the Fayetteville acreage, which it bought in 2011 but wrote down by $2.8 billion a year later after gas prices fell.
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