OMV (Austria) invests about 950 million euros in a joint project with Gazprom to develop the Achimov blocks of the Urengoy field, the Austrian company said.
Austrian OMV will acquire 24.98% in the Gazprom project to develop sections 4A and 5A of the Achimov deposits of the Urengoy field, the final agreement on the sale will be signed in early 2019, reported Gazprom in a statement following the signing of the relevant agreement. “Today in St. Petersburg, Chairman of the Board of PJSC Gazprom Alexey Miller and Chairman of the Board of OMV AG Rainer Seele signed a principal agreement on the sale of assets,” - states the message.. “In accordance with the document, OMV will acquire 24.98% in the project to develop sectors 4A and 5A of Achimov deposits of the Urengoy field. As a result of the transaction, the share of Gazprom Group will decrease to 50.01%. The share of Wintershall Holding GmbH will remain at 25.01%,” - states the report. “The parties plan to conclude the final agreement on the transaction in early 2019,” - notes the report. “We will sign the final document in 2019, and the operation of sections 4A and 5A is expected until 2069. This means that we h
Indian Oil ant Petronet LNG are interested in the second stage of the Yamal LNG project and will hold negotiations with Novatek. So the Indian Oils and Gas Minister Dharmendra Pradhan said in his interview to TASS.
Novatek signed sale agreements for a 10% share in Arctic SPG-2 with CNPC and CNOOC from China, Novatek reports
Michel Sapin, French Minister of Economy and Finance announced that Agency Coface will take part in financing of Yamal LNG. Yamal LNG is a crucial project of French-Russian cooperation between Total and Novatek...
Total may join Novatek’s new LNG project in Gydan, the French giant’s Vice-President Michael Borrell said to the press.