25 April 2024
Russia's Novatek to pay $900 million for 51% stake in Sibneftegaz
Publication date: 17 November 2010
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Russian independent gas producer Novatek will pay around $900 million for the 51% stake in Sibneftegaz it has bought from Gazprom, the company’s chief financial officer said on Tuesday. Novatek will pay the first $150 million in cash now, with the remaining $750 million to be paid by the end of visual_editor011.