Putin allows Gazprom Neft to buy Shell’s stake in Salym Petroleum Development

No time to read?
Get a summary

Russian President Vladimir Putin has given Gazprom Neft permission to buy a 50% stake in the Salym Petroleum Development joint venture of the oil and gas company Shell. This is due to the corresponding order of the head of state. TASS.

“To allow GPN-Middle East Projects LLC to take action for the acquisition of a 50% ordinary stake in Khanty-Mansiysk Oil and Gas Union CJSC, owned by Shell Exploration and Production; Salym Petroleum Development LLC, owned by SHELL Salym Development BV, has a 50% stake in the authorized capital,” says the order.

Formerly Anglo-Dutch oil and gas company Shell signed Documents regarding the sale of 50% shares of the Russian state energy company Gazprom Neft and the oil and gas company Salym Petroleum Development. The company’s press service published this information on its website.

No time to read?
Get a summary
Previous Article

Nine arrested for tobacco smuggling and drug trafficking in Vega Baja and Murcia

Next Article

Three French far-right imprisoned for plotting to assassinate Macron