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OGZPY PJSC Gazprom (PK)

1.10
0.00 (0.00%)
06 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
PJSC Gazprom (PK) USOTC:OGZPY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 1.10 0.00 01:00:00

IOG Serves Notice on Gazprom Gas Sales Agreement Due to Ukraine War

01/03/2022 6:38pm

Dow Jones News


PJSC Gazprom (PK) (USOTC:OGZPY)
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By Anthony O. Goriainoff

 

IOG PLC said late Tuesday that it had served notice with immediate effect to Gazprom Marketing & Trading Ltd.--the trading arm of Gazprom PJSC--in regard to the sale of gas from its offshore U.K. fields.

The London-listed gas producer said it expects to sell the equity gas from the Elgood and Southwark fields to an alternative buyer, and that it already had a separate sales agreement with BP Gas Marketing Ltd for the Blythe field.

"Our thoughts are with everyone affected by the shocking, unprovoked invasion of Ukraine. In that context, IOG has today served notices to GM&T with immediate effect," Chief Executive Andrew Hockey said.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

March 01, 2022 13:23 ET (18:23 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year PJSC Gazprom (PK) Chart

1 Year PJSC Gazprom (PK) Chart

1 Month PJSC Gazprom (PK) Chart

1 Month PJSC Gazprom (PK) Chart