Independent journal on economy and transport policy
07:55 GMT+2
SOCAR, BP, Total to get 50 percent stake in Trans-Adriatic Pipeline project
(ITAR-TASS)
July 10, 2013
BAKU, July 10 - The State Oil Company of Azerbaijan Republic, Britain's oil and gas company BP and France's Total will get a 50 percent stake in the Trans-Adriatic Pipeline project, SOCAR President Rovnag Abdullayev told reporters on Wednesday.
“We want to become major shareholders in the project. SOCAR, BP and Total are expected to get a 50 percent stake - SOCAR and BP will acquire a 20 percent stake each and the French company - 10 percent,” Abdullayev said ...... Read more on ITAR-TASS
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