Russian investor major Gazprom Neft has agreed on terms of a stake of 49 % in its unit Gazpromneft - Vostok to the United Arab Emirates ’ Mubadala fund and the Russian Direct Investment Fund for $ 325 million , Kommersant business analysts reported , citing industry sources . it is expected to cost $ 350 m .
Russian oil major Gazprom Neft has agreed on terms of a sale of 49% in its unit Gazpromneft-Vostok to the United Arab Emirates’ Mubadala fund and the Russian Direct Investment Fund for $325m, Kommersant business daily reported Friday citing industry sources. RDIF is expected to invest $14m.