Operating Company
The licence for the Yuzhno-Russkoye field is owned by Severneftegazprom, the subsidiary of Russian gas company Gazprom. German energy company Wintershall, a subsidiary of BASF, owns 35% minus one share (25% of voting shares minus one share) in Severneftegazprom. According to agreements between Gazprom and German company E.ON, E.ON Ruhrgas will get a 25% share of Severneftegazprom minus one share.
Read more about this topic: Yuzhno-Russkoye Field
Famous quotes containing the words operating and/or company:
“Go on then in doing with your pen what in other times was done with the sword; shew that reformation is more practicable by operating on the mind than on the body of man.”
—Thomas Jefferson (1743–1826)
“We noticed several other sandy tracts in our voyage; and the course of the Merrimack can be traced from the nearest mountain by its yellow sand-banks, though the river itself is for the most part invisible. Lawsuits, as we hear, have in some cases grown out of these causes. Railroads have been made through certain irritable districts, breaking their sod, and so have set the sand to blowing, till it has converted fertile farms into deserts, and the company has had to pay the damages.”
—Henry David Thoreau (1817–1862)