Gazprom Neft, Novatek interested in offsetting Rosneft’s clout

Gazprom Neft and Novatek are interested in buying additional shares of gas producerSeverEnergia, Reuters reported on Tuesday.

According to the news agency, the interest derives from the increased clout of Rosneft that bought Enel’s 40% stake in holding Arctic Russia last week. The holding retains 49% of SeverEnergia’s capital.

“The group, together with Novatek, is considering a possible increase of its stake in SeverEnergia through the purchase of an interest in SeverEnergia held directly or indirectly by third parties,” Gazprom Neft said in the prospectus for a Eurobond offering, as reported byReuters.

Eni, which holds 60% of the holding, may be interested in selling its shares.

SOURCE: Natural Gas Europe, 2013

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