Sovkomflot and Shell are entering a partnership agreement to be prepared for the huge potential for LNG-shipping from the Arctic
Gazprom keeps rolling along.
LONDON (Dow Jones)--OAO Gazprom Neft (SIBN.RS) has gained control of 74.43% of Sibir Energy PLC (SBE.LN), the London-listed oil producer said Monday.
According to Sibir's statement, Gazprom Neft owns a 34.1% stake in Sibir and a 14.67% stake through two companies. Gazprom Neft, the oil arm of state-controlled gas giant OAO Gazprom (GAZP.RS) also has a voting right for a 25.66% stake in Sibir, but doesn't technically own the stake.
WAM SEOUL, June 23 (WAM) -- South Korea may consider laying an undersea pipeline to import natural gas from Russia's Far East if plans to bring the resource through North Korea fall through, Yonhap News quoted a government source as having said on Tuesday.
Which brings up North Korea and Russia...