Gazprom was to merge with Rosneft at the end of last year but the takeover was delayed when Rosneft took control of Yuganskneftegaz, the key production unit of YUKOS.
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Gazprom Saves Money
Gazprom was to merge with Rosneft at the end of last year but the takeover was delayed
Russia's natural gas producer Gazprom plans to set aside $1.9 billion in its 2005 budget to merge with state oil company Rosneft, the Vedomosti business daily said on Thursday.
It quoted a government official as saying that the figure included up to 29 billion roubles of taxes Gazprom was to pay in the merger while other funds were to go towards the development of the merged firm.
Gazprom was to merge with Rosneft at the end of last year but the takeover was delayed when Rosneft took control of Yuganskneftegaz, the key production unit of YUKOS.
Gazprom was to merge with Rosneft at the end of last year but the takeover was delayed when Rosneft took control of Yuganskneftegaz, the key production unit of YUKOS.
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