Gazprom set to take Kovykta keys
Wire services
Photo by AFP
Gazprom boss Alexei Miller said today he expected to close a long-delayed deal
to buy the giant Kovykta gas field from BP's Russian oil venture, TNK-BP,
"in the near future", local media reported.
"We will close in the near future," Miller was quoted as saying by
the RIA news agency when asked about the deal while on a visit to Libya with
President Vladimir Putin, a Reuters report said.
Under the complicated deal, Gazprom would buy TNK-BP's Kovykta field in East
Siberia while TNK-BP could be invited back to take part in the field as part
of a wider agreement on co-operation.
TNK-BP agreed to sell the field, which has enough reserves to supply the world
with gas for almost a year, after Gazprom blocked the company's plans to
use the reserves for gas exports to China.
17 April 2008 07:27 GMT
| last updated:
17 April 2008 08:53 GMT
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