Gazprom Neft to pay $1.5bn for SeverEnergia stake

Forking out: big bucks for SeverEnergia

Russian oil giant Gazprom Neft will acquire 51% of SeverEnergia, which has upstream assets in Arctic Yamal Nenets region, for about $1.5 billion, Gazprom Neft chief financial officer Vadim Yakovlev said today.

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