Gazprom to sell Gazprom Neft Shelf, which develops Prirazlomnoye, to Gazprom Neft

May 20, 2014

The board of Gazprom has decided to pull investment from the limited-liability company Gazprom Neft Shelf which holds a license to develop the Prirazlomnoye deposit.

Gazprom’s board also approved a contract to sell 100% of Gazprom Neft Shelf shares to Gazprom Neft for 1mn rubles. This is due to the transfer of the Prirazlomnoye license to Gazprom Neft, which is Gazprom’s subsidiary.

Copyright: Oil and Gas Information Agency, 2014