Asset Acquisitions and Disposals::Gazprom-Wintershall Asset Swap Agreement

Issuer & Securities

Issuer/ Manager
JSC GAZPROM
Securities
PJSC GAZPROM GDR - US3682872078 - AAI
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
04-Sep-2015 22:06:11
Status
New
Announcement Sub Title
Gazprom-Wintershall Asset Swap Agreement
Announcement Reference
SG150904OTHRYAFE
Submitted By (Co./ Ind. Name)
Horizon LLC/ Obukhova
Designation
Specialist
Description (Please provide a detailed description of the event in the box below)
Gazprom and Wintershall signed an Agreement on closing asset swap deal. As a result of the deal, Gazprom will increase its share in European gas trading and storage companies WINGAS, WIEH and WIEE to 100 per cent as well as receive a 50 per cent stake in WINZ involved in hydrocarbon exploration and production in the North Sea. In its turn, Wintershall will obtain 25.01 per cent in the project for developing Blocks 4A and 5A in the Achimov deposits of the Urengoy oil, gas and condensate field.

Attachments

2015_09_04_Gazprom-Wintershall_Agreement on closing asset swap deal.pdf
Total size =153K