Mechel closes deal on sale of Elga field to Gazprombank

Mechel has sold 49% of Elgaugol to Gazprombank. The deal amount made up 34.4 billion rubles.

The bank also acquired 49% stake in Elga Road, on the balance of which is a railway branch of Ulak - Elga and 49% in the company Mechel Trans Vostok, which is a transport rail operator.

Full text available to premium subscribers only.

Buy full access for 24 hours now


Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer