Antitrust approves Novatek, GazprombankТs bids for ALROSA assets
MOSCOW, Jan 29 (PRIME) -- The Federal Antimonopoly Service has approved requests of Russian independent gas producer Novatek and LLC Status, a subsidiary of Gazprombank, to buy natural gas assets of uncut diamond mining giant ALROSA, a representative of the service told PRIME on Monday.
УWe have coordinated requests of Novatek and Status on the purchase of ALROSAТs gas assets. All other requests have been recalled by companies that filed them,Ф the representative said.
In December 2017, ALROSA said it planned to auction its gas companies Geotransgaz and Urengoi Gas Company. The diamond producer plans to auction one lot comprising 100% in Maretiom Investments Limited and Velarion Investments Limited, which own the two companies, on February 19 with the initial price set at 30 billion rubles.
(55.8288 rubles Ц U.S. $1)