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Gazprom and Moldova discuss new gas supply contract signing

Published on Nov. 4, 2011

 
Read Gazprom and Moldova discuss new gas supply contract signing

The Gazprom headquarters hosted today a meeting between Alexey Miller, Chairman of the Company's Management Committee and Vladimir Filat, Prime Minister of the Republic of Moldova.

The parties reviewed the progress in collaboration on determining the parameters of a new gas supply contract. It was noted that the further discussion would be based on Moldovan proposals regarding Gazprom's participation in the investment projects in the Republic of Moldova.

Moldovagaz was established in 1999. Gazprom controls a 50% stake in Moldovagaz. The remaining shares are owned by the Government of the Republic of Moldova (35.3%), the Cabinet of Ministers of Transdnestr region (13.44 per cent) and individuals (1.23%).

In December 2006 Gazprom and Moldovagaz signed a ...

Gazprom Neft increases the amount of its USD 600 million Club Term Loan Facility to USD 870 million

Published on Oct. 28, 2011

 
Read Gazprom Neft increases the amount of its USD 600 million Club Term Loan Facility to USD 870 million

The Board of Directors of Gazprom Neft has approved an amendment agreement to increase the amount of its USD 600 million Club Term Loan Facility signed in April 2011 to USD 870 million. Original terms of the Facility remain unchanged.

The agreement on the increase was reached with a group of banks in August. The increase was achieved by both the increase of commitments of the existing lenders and by accession of a new lender Nordea. The funds will be used for general corporate purposes.

"The success of raising additional funds on original terms and conditions was determined by both the company's timely reaction to a change in the global financial markets and the support of its relationship banks ...

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