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2019-06-11 10:00:00

GAZPROM, OMV DEAL $1 BLN

СДЕЛКА ГАЗПРОМА И OMV: $1 МЛРД

GAZPROM - June 7, 2019, 14:40 - Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, today signed at the St. Petersburg International Economic Forum 2019 the Contract on the amendments to the Basic Agreement on Asset Sale.

The signing ceremony took place in the presence of Alexander Novak, Minister of Energy of the Russian Federation, and Elisabeth Udolf-Strobl, Minister for Digital and Economic Affairs of Austria.

The document sets the price of the deal during which OMV will obtain a 24.98 per cent stake in the project for developing Blocks 4A and 5A in the Achimov formations of the Urengoyskoye field at EUR 905 million (USD 1.02 billion at the cross rate of the Central Bank of the Russian Federation as of June 7, 2019). The parties plan to enter into the final agreement on the deal before the end of 2019.

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Earlier:

СДЕЛКА ГАЗПРОМА И OMV: $1 МЛРД
2019, June, 7, 12:15:00
2018 GAS DEMAND FASTEST UP
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СДЕЛКА ГАЗПРОМА И OMV: $1 МЛРД
2019, May, 31, 12:25:00
GAZPROM'S PROFIT UP 44%
Profit attributable to owners of PJSC Gazprom amounted to RUB 535,908 million for the three months ended March 31, 2019 which is by RUB 164,285 million, or 44%, more than for the same period of the prior year.
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Tags: ГАЗПРОМ, OMV, GAZPROM