Total Sells $1.5 Billion Stake in Azeri Gas Project to Turkey
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Total SA sold a 10 percent stake in Azerbaijan’s Shah Deniz project to Turkey’s state oil company for $1.5 billion as part of a divestment program.
TPAO Turkiye Petrolleri AO will acquire Total’s stake in the Shah Deniz field and the South Caucasus pipeline, Total said in a statement today.