Mikhailovsky GOK, Oil and Gas

Metalloinvest sells the license for an oil and gas deposit in the Orenburg Region

Metalloinvest of Alisher Usmanov sold the license for the development of the Sladkovsko-Zarechnoye oil and gas deposit in the Orenburg Region via its subsidiary Mikhailovsky GOK Plc. (the Kursk Region) for $125 million (4.047 billion RUR), is said in the report of the GOK (mining and concentration complex).
The buyer remains undisclosed. Metalloinvest is not available for comment.

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