FAS approves purchase of 15% in Vankorneft by Indian ONGC

The Russian Federal Antimonopoly Service has issued a decision on preliminary approval of the acquisition of 15% of shares in Vankorneft, which is of strategic importance, to the company ONGC Videsh Limited, the Service reports.

Earlier, the corresponding petition, filed in accordance with the Law on the Procedure for Foreign Investment in Business Entities of Strategic Importance (57-FL), was considered and approved by the Government Commission on Foreign Investment.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer