Statoil: Sells its 20% Stake in the Trans Adriatic Pipeline for EUR 208m
Following the divestment of its share in the Shah Deniz gas field in Azerbaijan, Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG to the Italian gas infrastructure company Snam SpA for a total consideration of EUR 208 million. This amount is for both Statoil’s shares …