Gazprom Neft Seeks Deals

By The Moscow Times

Oct. 30, 2011

Gazprom Neft seeks production assets from Royal Dutch Shell and shares in a German refinery from Eni as it pursues expansion plans.

Gazprom Neft will offer production assets and look for crude projects, not refining assets, in return as it examines a venture combining assets with Shell, chief executive Alexander Dyukov said Friday.

A Japanese or a Korean partner may join a project to explore for oil and gas at the Chonsk blocks in east Siberia to divide geological risk, he said. Gazprom Neft remains interested in dividing assets with TNK-BP in its shared Slavneft venture, he added.

(Bloomberg)

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