OREANDA-NEWS. The Board of Directors agreed on the acquisition by Gazprom of a 78.3 per cent stake in Gas-Oil that is owned by Mostransgaz, Lentransgaz, Intercom, TKP PRANT and Meridian – ART.

The transactions will result in Gazprom’s share in Gas-Oil growing to 100 per cent.

Gas-Oil was founded in 1992 and registered in the city of Kaliningrad.

The company’s major business lines are:  comprehensive measures aimed at designing and constructing all types of gas pipelines, gas storage facilities, gas distribution stations, motor vehicle fuelling stations, gas networks and other related infrastructures; gas & derivatives marketing and processing.
In the above business sectors, Gas-Oil is a leader in the Kaliningrad Oblast.