Main Menu

BP is in talks with chemicals company Ineos over the sale of the Forties pipeline, the largest in the North Sea

The pipeline transports about 450,000 barrels of oil a day, about 40% of UK production. It is one of the oldest in the sector, having started operating in 1975.

Both companies confirmed talks were taking place but gave no further details.

Ineos is a major operator at the Grangemouth complex.


Leave a Reply

Your email address will not be published. Required fields are marked as *

This site uses Akismet to reduce spam. Learn how your comment data is processed.