Gunvor Cyprus Holding acquires interest in Lagansky block
Sept. 2, 2009
Gunvor Cyprus Holding has acquired a 30% interest in the Lagansky block in the Russian sector of the Caspian from Lundin Petroleum.
Offshore staff
STOCKHOLM -- Gunvor Cyprus Holding has acquired a 30% interest in the Lagansky block in the Russian sector of the Caspian from Lundin Petroleum. Lundin will hold the remaining 70% interest in the block.
Formal completion of the $30-million transaction is subject to Russian government approvals.
