ALRUD is advising Russia's largest oil company on the sale of a 50% stake in Meretoyakhaneftegaz to LUKOIL and on the establishment of a joint venture

ALRUD experts successfully represent Russia's largest oil company on the sale of a 50% equity stake in Meretoyakhaneftegaz to LUKOIL within the establishment of a joint venture for the development of a major oil and gas cluster in the Nadym-Pur-Taz region of the Yamalo-Nenets Autonomous District.

Its completion is planned for the year 2022, following the obtainment of a relevant permit from the Federal Antimonopoly Service, and also after the fulfillment of a number of other conditions.

ALRUD team, working on the project under the leadership of Andrey Zharskiy (Partner and Head of the Energy, Natural Resources and Infrastructure Industry Group), comprised Counsel Oleg Ezhov, Senior Attorneys Alexander Shipilov and Irina Cherdintseva, Attorney Natella Kortiashvili, and also Senior Associate Ksenia Erokhina.