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2019-07-25 20:20:00

GAZPROM'S MARKET VALUE: $79.4 BLN

GAZPROM'S MARKET VALUE: $79.4 BLN

REUTERS - Russia's Gazprom (GAZP.MM), the world's largest conventional gas producer, has received bids worth $3.15 billion for 3 percent of its own shares that it decided to sell after the stock hit its highest level in more than a decade.

Gazprom said on Thursday it had received 494 bids that altogether reached 198.89 billion roubles ($3.15 billion) for 2.92% of its own shares.

The stake is worth $2.3 billion, based on Wednesday's closing price and is part of a wider 6.6% stake known as treasury shares that Gazprom holds in itself.

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Earlier:

GAZPROM'S MARKET VALUE: $79.4 BLN
2019, July, 12, 08:00:00
GAZPROM'S NEW RECORD 406 MLN M3
Russian gas sales on Gazprom Export's Electronic Sales Platform (ESP) surged to another new record high on Wednesday, with a colossal 406 million cu m sold in the latest auction.
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2019, July, 8, 12:30:00
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The 229 million cu m sold Thursday is about half the average daily flows of total Russian gas to Europe last month of around 464 million cu m.
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2019, July, 4, 16:00:00
TURKMEN GAS FOR GAZPROM
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Tags: GAZPROM, GAS, RUSSIA
Chronicle:
GAZPROM'S MARKET VALUE: $79.4 BLN
2019, December, 4, 12:20:00
RUSSIA'S NUCLEAR FOR AFRICA
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2019, December, 4, 12:15:00
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GAZPROM'S MARKET VALUE: $79.4 BLN
2019, December, 4, 12:05:00
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2019, December, 4, 12:00:00
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