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Gazprom Oil Unit To Buy Rosneft Unit

Gazprom's oil unit Gazprom Neft is one of two firms to have made an offer to buy a 50 percent stake

Gazprom Oil Unit To Buy Rosneft Unit

Russia's gas monopoly Gazprom's oil unit Gazprom Neft is likely to buy a 50 percent stake in Tomskneft from state-controlled oil giant Rosneft.

Rosneft acquired Tomskneft in May for $6.8 billion during the break-up of privately owned former oil major Yukos.

State-controlled Gazprom controls the largest proven gas reserves in the world and supplies about a quarter of the European Union's gas.

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