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Russia's Gazprom sells 44 percent in Gazprom Neft-Vostok to UAE's Mubadala

Russia's Gazprom sells 44 percent in Gazprom Neft-Vostok to UAE's Mubadala
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MOSCOW (Reuters) – Russian gas giant Gazprom <GAZP.MM> said on Thursday that its board of directors has agreed to sell 44 percent in the charter capital of its Gazprom Neft-Vostok subsidiary to United Arab Emirates’ Mubadala Petroleum company.

The stake in Gazprom Neft-Vostok would be sold for at least $271 million, according to Gazprom.

(Reporting by Vladimir Soldatkin; Writing by Maria Tsvetkova)

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