SOCAR Acquires 20% Stake in Comstock Haynesville Assets for $1.65B

Azerbaijan's SOCAR is acquiring a 20% stake in Comstock's legacy Haynesville assets, 15% of Western Haynesville, and 15% of Pinnacle Gas Services for $1.65 billion. This marks a significant foreign investment in U.S. shale gas, reflecting expectations of sustained global LNG demand growth. The deal diversifies SOCAR's portfolio and signals continued international interest in U.S. gas infrastructure.

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