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Novatek could buy Chelyabinsk from Gazprom by December

Novatek could close a deal to buy gas provider Mezhregiongas Chelyabinsk from Gazprom by December.
By Staff reporter 10 November 2011 Europe & Russia / Companies & Finance 0 1789

Novatek could close a deal to buy gas provider Mezhregiongas Chelyabinsk from Gazprom by December.

“The deal has not yet been closed, but we hope the sides will complete the transfer procedure by the end of November,” the Chelyabinsk region’s First Deputy Governor, Sergei Komyakov, said at a meeting on Thursday.

Komyakov said the deal was supposed to go through by 4 November, but it was delayed until 20 November as it needed final approval from a Gazprom committee.

A source in the regional administration told Interfax that Novatek is...