Gazprom CEO Alexey Miller attends the annual general meeting of the holding.
Photo: Dmitry Dukhanin
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Gazprom, Shell to Swap Assets
July 7, 2005. Russian gas monopoly Gazprom is expected to seal today an interchanging agreement with Royal Dutch Shell, Interfax-AGI (Agency for Gas Information) quoted a source familiar with negotiations progress.
As a result of the deal, Gazprom will get the Shell’s 25 percent plus a stock in Sakhalin Energy (Sakhalin-2 operator), while Shell will obtain 50 percent in Gazprom’s joint venture set up to develop Neocomian accumulations of Zapolyarnoe field.
Gazprom and Shell declined to make official comments.
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