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  <h1>Statoil completes divestment of interest in Trans Adriatic Pipeline</h1> 
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    <div class="date-module"> <span class="date_module-icon fa fa-calendar"></span> <span>December 17, 2015, 17:58 CET</span> 
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     <p>This amount is for both Statoil’s shares in TAP and its pro-quota portion of the loans currently granted to TAP by its shareholders.</p> 
     <p>The closing follows the signing of the share purchase agreement and meeting between Statoil President and CEO Eldar Sætre and Snam CEO Carlo Malacarne in Oslo on 16 December.</p> 
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Statoil and Snam SpA have completed their previously announced transaction, whereby Statoil has sold its 20% interest in Trans Adriatic Pipeline AG for a total consideration of EUR 208 million.