FINANCIAL NEWS

QPI to purchase share in Total’s Congo operations

23 May 2013

(MENAFN) Qatar Petroleum International (QPI) will buy a stake in Total’s Congo operations, reported Arabian Business.

This investment’s major focus is the Moho North project.

Neither of the two companies mentioned anything about the deal’s value.

It’s worth noting that the Qatari company finished some other foreign investments in April such as its USD987 million alliance deal with Centrica to take over Suncor Energy’s gas business.

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