LONDON (AFX) – BG Group PLC said the completion of the sale of its 16.67% stake in the North Caspian Sea Project will not be delayed by its partners’ decision to exercise their rights over the shares. BG in March agreed to sell the shares to China’s CNOOC Ltd for US$615 million. However, the deal…
CASPIAN: BG says North Caspian stake sale closure on track despite partners’ action
Posted on May 21, 2003 by EnergyAsia