Chevron exits Azerbaijan with sale of ACG field, pipeline stakes

Chevron exits Azerbaijan with sale of ACG field, pipeline stakes
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07.11.2019

MOSCOW (MRC) -- Chevron is to sell its stakes in Azerbaijan's ACG oil complex and the BTC export pipeline to Hungary's MOL for USD1.57 billion, reported S&P GlobalВ with reference to MOL'sВ statement Monday.Chevron said last December it was looking to sell its 9.57% stake in the Azeri-Chirag-Gunashli field and its 8.9% stake in the Baku-Tbilisi-Ceyhan pipeline, which runs from the Caspia

Full article at mrcplast.com

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