Oil titans team up
Published time: 17 Nov, 2006 04:16 Edited time: 17 Nov, 2006 07:16
Russian oil company Lukoil and gas monopoly Gazprom's oil arm Gazpromneft have announced plans to set up a joint venture to buy various energy assets in Russia and abroad.
A deal is expected soon. Gazprom bought Gazpromneft – formerly known as Sibneft – from billionaire Roman Abramovich last year.