Russia's federal anti-monopoly service has approved state oil giant OAO
Rosneft's (ROSN.RS) acquisition of diamond miner Alrosa Co Ltd.'s
(ROSA.RS) gas assets, Russian news agencies reported Tuesday.
Rosneft, the world's largest listed crude-oil producer, has
said it is aiming to increase gas production and recently bought out its
partner in gas company Itera Oil and Gas.
Rosneft will buy Alrosa's gas assets via its TNK-BP Holding subsidiary, Prime and Interfax news agencies reported.