BG to Exit Libyan Exploration Projects, Transfer Kufra Basin to Statoil

BG Group Plc plans to exit its exploration projects in Libya by transferring its 50 percent interest in the Kufra Basin to Statoil ASA, company spokesman Neil Burrows spoke by telephone today.

To contact the reporter on this story: Eduard Gismatullin in London at egismatullin@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.