Japan's JOGMEC eyes stake in Urals Energy; Hopes to take up to 49% in troubled Russian oil producer

摘要

Moscow-State-owned Japan Oil, Gas and Metals National Corporation is looking to buy a stake of up to 49% in troubled UK-based Russian upstream junior Urals Energy, a JOG-MEC official said June 23. JOGMEC's interest in the oil producer emerged after speculation last year that Chinese oil major Sinopec was preparing a $130 million bid for the company. "We are collecting the necessary information," JOGMEC Business Development Director Hirokazu Tada told Platts on the sidelines of an energy conference in Moscow.