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akm.ru: Gazprom will close the Sakhalin-2 deal in March

14/02/2007

Gazprom is going to close the deal aimed to acquired the working interest in the Sakhalin-2 project by Mar. 31,2007. This date is set in the protocol signed by the Holding and the holders of the project, as was informed in the report.

Gazprom signed up a protocol with the project participants stipulating the acquisition of 50%+1 in Sakhalin Energy Dec. 22. The deal is worth $7.45bn.

The share of each foreign holders will be halved: Shell – to 27.5%, Mitsui – 12.5%, Mitsubishi – 10%.
 

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