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Exchange of energy companies shares between Gazprom and SIBUR

Under a program to consolidate energy sales assets, Gaprom and SIBUR exchanged securities.

Exchange of energy companies shares between Gazprom and SIBUR

Under a program to consolidate energy sales assets, Gaprom and SIBUR exchanged securities. SIBUR, via Siburenergomenedzhment received 7 percent of shares in Mezhregionenergosbyt. Mezhregionenergosbyt became the owner of 51.57 percent of shares in Siburenergomenedzhment.

According to a company news release, the consolidation of energy sales assets will make it possible to increase the bottom line at the company and stabilize Gazprom and SIBUR energy companies.


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