Russia plans to boost its stake in Gazprom, already the country's biggest company by market value, to more than 50 percent from 39 percent.
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Gazprom To Expand Oil Business
Russia's gas monopolist Gazprom will use the money gained from the sale of treasury shares to the government
Russia?s gas monopolist Gazprom will use the money gained from the sale of treasury shares to the government for acquisitions, the company spokesman Sergei Kupriyanov said Tuesday.
Gazprom's plans to expand its oil business have not changed since the takeover of state-owned crude producer Rosneft collapsed, said the gas monopoly's Deputy Chief Executive Alexander Ananenkov.
Russia plans to boost its stake in Gazprom, already the country's biggest company by market value, to more than 50 percent from 39 percent.
Russia plans to boost its stake in Gazprom, already the country's biggest company by market value, to more than 50 percent from 39 percent.
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