Gazprom Sells Stake In Moscow Power Generator

Gazprom Sells Stake In Moscow Power Generator
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Πεμ, 14 Μαΐου 2009 - 17:12
Russia's natural gas monopoly OAO Gazprom (GAZP.RS) has sold its 7.6% stake in Moscow Integrated Power Company, or MOEK (MOEK.RS), to MOEK's subsidiary MOEK-Finance LLC, the generator's deputy chief Oleg Gorelov said, Prime-Tass reports Thursday.
Russia's natural gas monopoly OAO Gazprom (GAZP.RS) has sold its 7.6% stake in Moscow Integrated Power Company, or MOEK (MOEK.RS), to MOEK's subsidiary MOEK-Finance LLC, the generator's deputy chief Oleg Gorelov said, Prime-Tass reports Thursday.

According to the agency, Gazprom sold the stake for 7.6 billion rubles ($236 million).

The Moscow government now owns 84% of MOEK, while MOEK-Finance owns 15%.

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