Gazprom Neft will both buy out 51% in Serbia’s NIS oil monopoly at the state, and 20% of stocks at the minority stockholders – individuals. The assessment of Deloitte & Touche that estimated NIS (Naftna Industrija Srbije) at €2,2 billion should become the basis to determine the price of the agreement. Thus, Gazprom Neft has to pay €428 million more for the deal without getting the additional rights

The development of Iran’s North Azadegan oil field can become the first foreign project of Russia’s Gazprom Neft. In fact, the Russian company will execute only the service contract, but, under the certain terms, it can book the oil reserves and get the stake in the extraction of 5,5-6,5 million tons of oil annually. Gazprom Neft is ready to develop three more oil fields in Iran under the analogical terms.

The Russian company Gazprom plans to invest the record sum of RUR 1 trillion in new projects on gas extraction and transportation. That is the way how the monopoly responds to the Andris Piebalgs’s accusations, the EU Energy Commissioner, of the insufficient financing of this activity area. This news came out when Gazprom’s capitalization was demonstrating the severe fall and resulted in the 1,4-1,6% price rise of the monopoly stocks

Gazprom continues to cut its presence in affiliated structures. Gas monopolist intends to cut its representatives number in Gazprombank directors’ board, and that enables it to exclude the bank from the consolidated reporting. In experts’ opinion, Gazprom does so to improve its financial indices and to prepare Gazprombank to IPO.

Gazprom is holding talks with stockholders of some gas sale companies in the USA about their controlling stock interests purchase. The same way the monopoly tries to penetrate into Great Britain retail gas market that has been carefully protected from it. At the moment Gazprom managed to take 1,5% only, but within 6 years its gas supplies to this country grew from 2% to 8% on the whole. Experts mark that the same tactic in the USA in terms of the opposition on the country authorities’ part is justified, but it does not allow reckoning on a serious market share.

OAO Gazprom wants to purchase at least four energy sales companies at RAO UES of Russia. The purchase of only one JSC Mosenergosbyt can make JSC Mezhregionenergosbyt, controlled by the monopoly, the largest in the country. On the whole, Gazprom occupies more than 25% of the Russian energy sales market in terms of plans realization.

The Russian corporation is ready to invest billions of dollars into joint gas projects, including construction of transcontinental gas pipeline through South America.

Gazprom placed Eurobonds to the sum $1,5 billion on April, 2. The profitability of issue has been initially declared at the level considerably exceeding the parameters of the securities circulating at the market. The investors were offered over 0,5% bonus. Then the hair-trigger reaction has followed, as investors started to sell bonds of other companies. Thus, Gazprom has started the process of debts revaluation of the Russian companies.

Gazprom and Siberian Coal Energy Company (SUEK) agreed on the parameters of transaction for joint venture establishment after more than one year of negotiations. SUEK will become the center for assets consolidation. It will hold additional emission that Gazprom will pay by the part of its energy assets. As a result the monopoly receives 50% plus one stock in the largest Russian energy company with the general installed capacity 30,5 thousands MW and the cost more than $16 bln. The strategic line of its development was already defined by the first vice-prime minister, the head of board of directors of Gazprom Dmitry Medvedev: he sent SUEK to IPO.

The agreement of Russia and Serbia has provided Gazprom with extremely favorable terms of work in this country. It acquired the state NIS cheap and got advantages in admission to the Serbian area of future South Stream gas pipeline. Gazprom drummed up support of Austria also, and within the agreement frames got a half in one of the largest European gas trading floors. Hungary should become the last element of South Stream. In analysts’ opinion, in such situation it “can propose any price”. Especially in the conditions of strong criticism of European countries’ loyalty to Gazprom from the USA part.