19 April 2024
Gazprom Neft ups stake in Siberian gas producer
Publication date: 02 April 2014
Gas Strategies Group
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Novatek has agreed to sell a 9.8% stake in the Siberian explorer SeverEnergia to Gazprom Neft for $980 million, leaving the two companies with a 50% stake each in the joint venture. They hold the interest in the company as a single entity under the name Yamal Development.