Gazprom gets bids worth $3.15 billion for sale of own shares

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Gazprom , the world's biggest conventional gas producer, said on Thursday i...

The logo of Russian gas giant Gazprom is seen on a board at the St. Petersburg International Economic Forum , Russia, June 6, 2019. REUTERS/Maxim Shemetov

MOSCOW - Gazprom , the world’s biggest conventional gas producer, said on Thursday it had received bids worth 198.89 billion roubles for 3% of its own shares that it is selling into the market. Gazprom is selling a 3% stake as it is taking advantage of the company’s stock price being near its highest level in more than a decade. The stake is worth $2.3 billion, according to Refinitiv Eikon data.

 

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Putin looting Russia. Nothing to see here.

who is buying that shit gas is dead

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