Today Gazprom’s Board of Directors to decide an issue on loan granting for purchase of Moscow United Energy Company’s shares

Today, the Gazprom’s Board of Directors will consider an issue on the acquisition of Moscow United Energy Company’s shares by Gazprom energoholding.

The Board should also permit the granting of a loan to Gazprom energoholding for purchase of the electric power company’s shares.

The auction on sale of 89.97% of MOEK’s shares holding is fixed on August 13, the auction step will make up 4.93 billion rubles. The initial price of the holding is 98.6 billion rubles.

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