SOCAR signs $1.65 billion deal to acquire stakes in US Haynesville gas projects
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The State Oil Company of Azerbaijan and Comstock Resources entered into a purchase and sale agreement. Under this deal, the Azerbaijani company will acquire minority stakes in various natural gas assets located in the United States. The total value of this transaction is $1.65 billion.
The State Oil Company of Azerbaijan (SOCAR) and US-based Comstock Resources have signed a definitive purchase and sale agreement for SOCAR to acquire minority stakes in several US natural gas assets, with the total transaction value set at $1.65 billion.