Russian state gas firm OAO Gazprom (GAZP.RS) said Monday it will close an asset-swap deal with BASF SE (BAS.XE) in 2014, a year later than planned.
Russian state gas firm OAO Gazprom (GAZP.RS) said Monday it will close
an asset-swap deal with BASF SE (BAS.XE) in 2014, a year later than planned.
Gazprom agreed in November last year to give BASF two stakes in a
West
Siberia
gas field in return for 100% ownership of a gas trading and storage
joint venture it operates with the German firm and a stake in a
North
Sea
gas producer.
Gazprom said then it expected to close the deal by the end of 2013.
Gazprom said in a statement Wednesday that a final agreement on the sale will
be signed in 2013, and the deal will be closed in 2014.
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