Russia’s Gazprom Neft and Shell launch JV for hydrocarbon development
Jul 21st, 2020
by John Donovan.

Russia’s Gazprom Neft and Shell launch JV for hydrocarbon development

MOSCOW (Reuters) – Russian oil producer Gazprom Neft on Tuesday said it had signed an agreement with Shell to establish a joint venture to develop a large-scale hydrocarbon cluster on the Gydan peninsula in Siberia.
The deal is scheduled to close in 2020, Gazprom Neft said, after which both partners will have a 50% share in the venture.
Reporting by Maxim Rodionov and Anton Kolodyazhnyy; Writing by Alexander Marrow; editing by Louise Heavens
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Posted in: Gas, Gazprom, LNG, Reuters, Royal Dutch Shell, Royal Dutch Shell Plc, Russia, Shell.
Tagged: Gas · Gazprom · LNG · Royal Dutch Shell Plc · Russia · Shell
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