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BP BP Plc

37.47
-0.11 (-0.29%)
After Hours
Last Updated: 22:37:08
Delayed by 15 minutes
Name Symbol Market Type
BP Plc NYSE:BP NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.11 -0.29% 37.47 37.59 37.04 37.14 9,646,701 22:37:08

Lukoil Buys 15.5% Interest in Shah Deniz Natural Gas Project for $2.25 Billion

07/10/2021 4:11pm

Dow Jones News


BP (NYSE:BP)
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By Ian Walker

 

Lukoil PJSC said Thursday that it has bought a 15.5% interest in the Shah Deniz natural gas project in the Azerbaijan sector of the Caspian Sea from Petronas for $2.25 billion.

The Russian oil-and-gas company said that following the acquisition it will have a 25.5% share in the project.

BP PLC is operator of the project with a 28.8% share.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

October 07, 2021 10:56 ET (14:56 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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