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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Gazprom courts Norwegian Oil Fund

Posted on 24 October 2012

In what the company calls a “road show” in Scandinavia, Gazprom representatives last week met with key financial players in Norway, Sweden and Denmark. “Gazprom is interested in raising the stakes of long-term investors in the company”, a press release reads. According to Gazprom, the Scandinavian investment funds have “a very high quality”, as well as “a comprehensive understanding of the specifics of Gazprom’s business”.
The Scandinavian tour, which was headed by Deputy Board Leader Andrei Kruglov, included visits to several financial groups in the three countries. However, it is believed that the Bank of Norway and its Government Pension Fund Global was a key target of the trip………………………………………..Full Article: Source


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