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TotalEnergies said it signed an agreement with BlackRock Global Infrastructure Partners to invest in its African oil and gas infrastructure assets. GIP will contribute $1.8 billion (€1.6 billion), and TotalEnergies will receive proceeds in exchange.
TotalEnergies struck a partnership with Global Infrastructure Partners covering its stakes in selected African oil and gas infrastructure assets. GIP will contribute USD 1.8 billion in capital. * TotalEnergies will pay GIP a throughput-based tariff for up to 15 years. Disclaimer: This news brief was created by Public T