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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.
Comments (2)
  • citigroup regnum
    , contributor
    Comments (47) | Send Message
     
    Experiences of a Spanish counterpart in Argentina have to be taken in consideration by possible buyers...
    11 Jun, 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, 08:52 AM Reply Like
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