Oct 3 (LNGJ) - BG Group has reached agreement to sell its majority interest in India's Gujarat Gas Co. for round $470 million to GSPC Distribution Networks, a subsidiary of Gujarat State Petroleum Corp. BG is unloading non-core assets to concentrate its investment power in LNG. The transaction is scheduled to complete during the first half of 2013.
BG sale raises more LNG funds
Written by John McKay
Wednesday, 03 October 2012
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