Austrian firm OMV CEO Rainer Seele is sure that an asset swap deal with Russian gas giant Gazprom will be signed by the end of the year.
Gazprom signed an asset swap agreement with OMV in April. Media reported in September that OMV offered 25% in Norwegian shelf deposits to Gazprom under the deal, but the Russian company was unhappy with the offer.
Gazprom Deputy CEO Alexander Medvedev said in October that OMV would receive a 24.98% stake in a project for development of the 4A and 5A sites of the Achimov deposits of the Urengoiskoye field, while Gazprom would like to receive production assets on the Norwegian shelf.
Seele also said that Gazprom was keeping interest in the Nord Stream-2 gas pipeline project. (Prime/Business World Magazine)
