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Alrud Advises Gazprom Neft on Sale of 50% Stake in Meretoyakhaneftegaz to Lukoil and on Establishment of Joint Venture

Alrud Advises Gazprom Neft on Sale of 50% Stake in Meretoyakhaneftegaz to Lukoil and on Establishment of Joint Venture

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Alrud has advised Gazprom Neft on the sale of a 50% equity stake in Meretoyakhaneftegaz, a subsidiary of Gazprom Neft, to Lukoil within the establishment of a joint venture for the development of an oil and gas cluster in the Nadym-Pur-Taz region of the Yamalo-Nenets Autonomous District.

According to Alrud, the “completion is planned for the year 2022, following the obtainment of a relevant permit from the Federal Antimonopoly Service, and also after the fulfillment of a number of other conditions.”

Alrud’s team included Partner Andrey Zharskiy, Counsel Oleg Ezhov, Senior Attorneys Alexander Shipilov and Irina Cherdintseva, Attorney Natella Kortiashvili, and Senior Associate Ksenia Erokhina.

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