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Rosneft and NOVATEK Agree Assets Swap

Rosneft announces that it signed an agreement with NOVATEK to swap assets. 40% of shares in Artic Russia B.V. held by Rosneft will be swapped for 51% shares in Sibneftegas held by NOVATEK. The transaction does not involve any cash payments. Upon completion of the transaction, Rosneft, already holding a …

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