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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
MOL Group to purchase stake in Azerbaijan’s ACG field and BTC pipeline
MOL has signed $1.57bn agreement with Chevron Global Ventures and Chevron BTC Pipeline to acquire their non-operated E&P and midstream interests in Azerbaijan, including a 9.57% stake in the Azeri-Chirag-Gunashli (ACG) oil field, and an effective 8.9% stake in the Baku-Tbilisi-Ceyhan (BTC) pipeline that transports crude to the Mediterranean port of Ceyhan.
News Item details
Journal title: Petroleum Review
Countries: Azerbaijan -
Subjects: Oil and gas, Exploration and production, Pipes and pipelines
