Russian gas giant Gazprom said Wednesday that it had completed the purchase of 51 percent of SeverEnergia, a joint venture of Italy’s ENI and Enel with licences in western Siberia, for 1.6 billion dollars.

“Today Gazprom completed the deal for the acquisition of 51 percent of SeverEnergia,” Gazprom said in a statement.

Gazprom
put the size of the deal at 1.6 billion dollars (1.1 billion euros) and
said the Italian firms would now own 49 percent of SeverEnergia, which
has previously been 60-percent owned by ENI and 40-percent by Enel.

SeverEnergia
owns a number of assets that once belonged to the dismembered Yukos oil
company, which was declared bankrupt and saw its assets auctioned off
after the arrest of its billionaire owner Mikhail Khodorkovsky in 2003.

Source: AFP

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