France: Total sells a majority interest in Géosel to EDF Invest and Ardian

Otmane El Rhazi from Energy-pedia regional news: Europe / Caspian / CIS.

Total has agreed to sell an interest of 50% plus one share in Géosel to a 50-50 consortium composed of EDF Invest and Ardian. Géosel owns the Manosque underground storage facility in southeastern France and pipelines linking the facility to the oil terminals at Fos and Lavéra.