BP says sells stake in China gas field to Kuwait
London (AFP) Dec 19, 2012
British oil giant BP said on Wednesday that it had agreed to sell its
stake in China's Yacheng gas field to the state-owned Kuwait Foreign
Petroleum Exploration Company (KUFPEC) as part of a divestment
programme.
"BP today announced that it has agreed the sale of its 34.3-percent
interest in the Yacheng gas field in the South China Sea to KUFPEC for
$308 million (232 million euros) cash.http://www.energy-daily.com/reports/BP_says_sells_stake_in_China_gas_field_to_Kuwait_999.html
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