IHS Chemical Week

Regions :: Western Europe :: Germany

BASF and Gazprom sign final agreement for asset swap

8:03 AM MST | December 24, 2013 | Deepti Ramesh

BASF and Gazprom (Moscow), on 23 December, signed the final agreement to swap assets of equivalent value. Through the swap, Wintershall (Kassel, Germany), a wholly owned subsidiary of BASF, will further expand its production of oil and gas and exit the gas trading and storage business. The two companies first agreed on the asset swap last year. The transaction is expected to be completed in mid-2014 and will be financially retroactive to 1 April 2013. Sales and earnings of BASF’s natural gas trading business will continue to be reported in the oil and gas...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa