Total said to discuss sale of Argentine gas pipeline stake

Total (TOT -0.7%) reportedly is in talks to sell its indirect stake in Transportadora del Gas del Norte, Argentina’s second-largest gas pipeline operator.

Proceeds from the sale would be used to boost oil and natural gas exploration in Argentina, according to Bloomberg.

TOT's partners in Gasinvest, the holding company that owns 56% of TGN, include Tenaris-controlled (TS) Tecpetrol.

From other sites
Comments (2)
  • citigroup regnum
    , contributor
    Comments (94) | Send Message
    Experiences of a Spanish counterpart in Argentina have to be taken in consideration by possible buyers...
    11 Jun 2014, 03:02 PM Reply Like
  • User 15572152
    , contributor
    Comment (1) | Send Message
    Your are right friend. The politicians always put their hands in the plate to complicate everything.
    12 Jun 2014, 08:52 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs