Gazprom swallows up Sibneft

Russian gas monopoly Gazprom signed a deal today to acquire Russia's fifth-largest oil company, Sibneft, for $13.1 billion.

Landmark deal: Gazprom executive chairman Alexei Miller with Russian President Vladimir Putin (rear)
Landmark deal: Gazprom executive chairman Alexei Miller with Russian President Vladimir Putin (rear)
Published 28 September 2005, 09:55Updated 6 October 2016, 12:38
Eastern Europe