LONDON (Thomson Financial) - Sibir Energy Plc. said the Russian Federal
Anti-Monopoly Service has approved the transfer of the shareholdings of the
company's Moscow Oil and Gas Company (MOGC) unit and Gazprom Neft, a unit of
Gazprom, to Moscow NPZ Holdings B.V.
The AIM-listed oil producer said following the transfer of the respective
shareholdings of GPN and MOGC to Moscow NPZ Holdings, the latter will control
90.02 percent of the voting shares of the Moscow Oil Refinery.
GPN and MOGC expect to transfer their respective interests at the same time
within the next two months, it said.
MOGC and GPN are each 50 percent shareholders in Moscow NPZ Holdings, which
was incorporated in the Netherlands on May 28, 2008.
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