Total CEO confirms talks to sell assets in Nigeria
ABU DHABI (Reuters) - French oil major Total (TOTF.PA) is in talks to sell some assets in Nigeria, the company's chief executive said on Sunday, but it is not pulling out of the country.
"Yes we are discussing with certain buyers about selling certain assets in Nigeria," Christophe de Margerie said.
"But it doesn't mean we are scared and intend to start some kind of walking out of Nigeria...Total is happy to develop its projects in Nigeria."
China's Sinopec is reportedly close to buying stakes in Nigerian onshore oil blocks from Total. De Margerie said that while he could not comment on whether there were such talks, he would not deny the report.
- Malaysian PM says lost airliner was diverted deliberately |
- Malaysia PM says lost plane's movements indicate a deliberate act
- Exclusive: Radar data suggests missing Malaysia plane deliberately flown way off course - sources
- UPDATE 2-Satellite data shows missing Malaysia plane may have flown thousands of miles-source
- UPDATE 1-Rolls-Royce concurs with Malaysia on missing jet's engine data