France’s Total raises stakeagain in Russia’s Novatek

摘要

Moscow—France’s Total has increased itsstake in Russia’s largest independent gasproducer Novatek to 15.16% from 15%, aNovatek spokesman said June 14.“We received confirmation yesterday thatTotal has increased its stake from 15% to15.16%,” the spokesman said, providing nofurther details on the transaction.In March 2011, Total and Novatek signedtwo memorandums of cooperation giving theFrench company the right to take a 12.08%stake in Novatek for about $4 billion as wellas a 20% stake in Novatek’s planned YamalLNG project.