July 2005
Investment Dealers' Digest;7/18/2005, Vol. 71 Issue 28, p24
Trade Publication
The section presents statistics related to various global deals in the energy and power sector, as of July 11, 2005. It also presents various news items of energy and power sector. Shell signed deal with Russian rival Gazprom to swap lucrative onshore and offshore gas assets in western Siberia. Under the deal, which is to he finalized next year, Gazprom is obtaining just over a quarter of Sakhalin-2, the world's largest LNG project, while Shell will receive a 50% stake in another field, Zapolyarnove Neocomian. Pogo Producing Co. of Houston agreed to buy the western Canadian unit of Unocal for $1.8 billion as natural-gas prices and demand rise in North America.


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