Total (TOT) CEO Christophe de Margerie confirms a report the company was in talks to sell ~$2.4B...

|By:, SA News Editor

Total (TOT) CEO Christophe de Margerie confirms a report the company was in talks to sell ~$2.4B worth of assets in Nigeria, though he did not name the potential buyer or value of the deal. A Bloomberg report last week said China's Sinopec (SNP) was close to buying stakes in Nigerian onshore oil blocks from TOT.