OMV would gain a 24.98% stake in blocks 4A and 5A covering the Achimov deposits at Russia’s Urengoy oil, gas and condensate field in return for Gazprom obtaining an unspecified holding in the Vienna-based player under the outline agreement signed at an economic forum in Vladivostok.
It confirms reports last year that Gazprom was in talks to gain a shareholding of about 24% in OMV, which were firmly denied by the Russian company at the time.
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