Imperial Energy Corp. PLC is already holding discussions with
Russian gas monopoly OAO Gazprom to find other ways to
cooperate after it rejected an offer by the banking arm of Gazprom to
acquire a 25% stake in the company, The Financial Times reports citing
a source close to the U.K. firm.
The source said discussions were already under way although
no conclusions could be drawn about the state of any potential
agreement.
U.K.-listed oil and gas company Imperial Energy has assets
in Russia. The Gazprombank offer was seen by many analysts as a
solution to the poor relations Imperial has had with Rosprirodnazor, an
agency within Russia's natural resources ministry, which accuses the
company of exaggerating its reserves, The Financial Times reports.