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Statoil to leave TAP gas pipeline project – Azerbaijan’s SOCAR

Norway’s Statoil is to sell its 20-percent stake in the Trans Adriatic Gas Pipeline (TAP) project that will carry gas from Azerbaijan to Europe, the president of Azeri state energy firm SOCAR said. “Statoil has decided to leave the TAP project completely, and there is a company which is ready to buy its stake,” Rovnag […]