Gazprom Neft raises stake in Sibir Energy to over 30% in debt deal

摘要

Moscow-UK-listed Sibir Energy has sold an additional 2.7% of its shares to Russian oil producer Gazprom Neft as part of agreements to reduce the debt of one of Sibir's major shareholders to the company, Sibir said May 27.Gazprom Neft, Russia's No. 5 oil producer and Gazprom subsidiary, already owns about 27.5% of Sibir after it bought an additional 10.6% in the troubled company last week.