BASF and Gazprom agree on asset swap; BASF’s Wintershall expanding production of oil and gas, exiting gas trading and storage business
Green Car Congress
NOVEMBER 14, 2012
BASF and Russia’s Gazprom signed a legally binding basic agreement to swap assets of equivalent value. In addition, it is the joint intention of the companies that Wintershall takes over the operatorship of Brage, its first large production platform offshore Norway, subject to the agreement of the authorities and partners.
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