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Gazprom OAO Closes Deal to Buy 92.3% in Kamchatgazprom-PRIME

Thursday, 30 May 2013 09:41am EDT 

PRIME reported that Gazprom OAO has closed a deal to buy 92.25% in Kamchatgazprom from state oil and gas assets manager Rosneftegaz for RUB 2.85 billion, the Company said in a statement. Under the deal OAO, Gazprom will pay for the stake in equal annual tranches for 23 years without interest. As a result, Gazprom OAO took control over all of the gas supplies in the Kamchatka Region