Petrobras Sells Remaining Stake in Pipeline Company
Brazil’s state-owned oil company Petrobras has agreed to sell its remaining 10% stake in natural gas pipeline company TAG.
Brazil’s state-owned oil company Petrobras has agreed to sell its remaining 10% stake in natural gas pipeline company TAG.
BlackRock Inc, KKR & Co. and Italian infrastructure operator Snam S.p.A. are among others that have made bids to claim a stake of Abu Dhabi National Oil Company’s natural gas pipeline.
Egyptian Minister of Petroleum Tarek El Molla has said that the proposed pipeline between Cyprus’s Aphrodite gas field and Egypt’s liquefied natural gas facilities will cost between $800 million and $1 billion.
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