Russian state gas giant Gazprom is said to be considering offloading drilling subsidiary Burgaz as it looks to boost operational effi- ciency and raise more cash. Business newspaper RBC Daily suggested pipeline construction firm Stroigazmontazh, owned by Arkady Rotenberg — a former ju- do partner of Russian Prime Minister Vladimir Putin, who bought some of Gazprom’s oil-field service (OFS) businesses in 2008 — was a strong contender to pur- chase Burgaz, which it valued at $1 billion.
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