Friday, November 22, 2024

Rosneft to buy back Purgaz

February 7, 2016

Rosneft is in talks with "Gazprom" to buy back its stake in the joint venture - the largest producer of gas, "Purgas".

Experts argue that such a deal would solve the problem of "Gazprom" to taxes for the asset, and "Rosneft" would give an additional 6-7 billion cubic meters of gas, according to "Kommersant". According to the companion publication, the deal, in particular, was discussed at a meeting of the chairman Pavlenov "Gazprom" Alexey Miller, the president of "Rosneft" Igor Sechin last week.

The deal is estimated at 20 billion rubles, but its value also depends on non-economic factors.

Recall, Inc. "Purgas" Gubkinskoye developing gas condensate field in the Yamalo-Nenets District with reserves of about 400 billion cubic meters of gas. Production in 2014 amounted to 13.2 billion cubic meters.
 

Related News