Russia's Gazprom board to discuss Rosneft deal

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Russia's Gazprom board to discuss Rosneft deal

Plans back on for possible sale

At its meeting on June 15, Gazprom's board of directors will evaluate the price of Gazprom's shares belonging to its subsidiaries. These shares are to be sold to state-owned Rosneftgaz. At the meeting, the board will also discuss the deals betwween the subsidiaries and Rosneftgaz. This covers the government's plan to acquire a majority stake in Gazprom, by buying out shares belonging to its subsidiaries at market prices. The deal is to be conducted by June 24, before Gazprom's AGM.

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