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Russia: Competition watchdog delays Gazprom Neft, Shell deal

By  |  November 14, 2019

Russia’s competition watchdog announced on Thursday, November 14, it had decided to delay by three months Shell’s purchase of 9.3 billion roubles (US$145.73 million) worth of shares in a subsidiary of Russian oil producer Gazprom Neft. 

Shell is expected to buy a 50% stake in Meretoyakhaneftegaz, a Gazprom Neft subsidiary which holds licensing rights to the Meretoyakhinskoye oil field.

Full Content: Reuters

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