Gazprom plans S\\\'pore stock exchange listing
May 18, 2014 00:00:00
MOSCOW, May 17 (Reuters): Russia's Gazprom is working on obtaining a listing in Singapore, possibly in July, the company said on last Thursday.
The comments confirmed an earlier report by Interfax which said that state-controlled Gazprom, the country's top natural gas producer, was talking to the exchange and preparing paperwork.
"We want to have another platform on which our shares are traded," Gazprom spokesman Sergei Kupriyanov said. "We are now working on the question of obtaining a listing in Singapore."
Gazprom, which is negotiating a deal to supply natural gas to China, said it wanted to have another platform on which its shares were listed. It did not give a reason for the move.
"I consider the chances (of obtaining a listing in Singapore) are high, if Gazprom said it should be done," said Viktor Zubkov, chairman of Gazprom's board of directors.