Russia's Gazprom Interested In 20% Repsol Stake

Russias Gazprom Interested In 20% Repsol Stake
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Πεμ, 13 Νοεμβρίου 2008 - 15:51
Russian energy giant Gazprom OAO (GAZP.RS) is interested in buying a 20% stake of Spanish oil company Repsol-YPF (REP), Russian Deputy Prime Minister Alexander Zhukov said Wednesday, the Efe newswire reports.
Russian energy giant Gazprom OAO (GAZP.RS) is interested in buying a 20% stake of Spanish oil company Repsol-YPF (REP), Russian Deputy Prime Minister Alexander Zhukov said Wednesday, the Efe newswire reports.

Spanish construction company Sacyr-Vallehermoso (SYV.MC) recently said it is considering selling its 20% stake in Repsol.

Zhukov spoke after meeting Spain's Industry Minister Miguel Sebastian, Efe said.

Gazprom and Sacyr-Vallehermoso declined to comment, while Repsol had no immediate comment.

Repsol's shares rose 3.4% to EUR14.70 at 1453 GMT, while Sacyr's shares increased 8.4% to EUR7.77

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