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>>> Statoil ASA Announces sale of 10% share of its 25.5% stake in the Shah Deniz

Statoil ASA Announces sale of 10% share of its 25.5% stake in the Shah Deniz Pipeline for $1.45B
- The buyers are SOCAR (6.7%) and BP (3.3%).
- The current Statoil equity production (gas and condensate) from Shah Deniz as per third quarter 2013 is 56 000 barrels of oil equivalents per day.
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