Statoil said on Monday it sold its 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company (SCPC), 15.5% share in the SCPC holding company, and 12.4% share in the Azerbaijan Gas Supply Company (AGSC).
KUALA LUMPUR: Norway headquartered Statoil ASA has sold its stakes in three companies including the Azerbaijan Gas Supply Company (AGSC) to Petroliam Nasional Bhd for US$2.25bil.
Statoil said on Monday it sold its 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company (SCPC), 15.5% share in the SCPC holding company, and 12.4% share in the Azerbaijan Gas Supply Company (AGSC).
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