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The brand of Russian gasoline producer Novatek is seen on a board throughout the St. Petersburg Worldwide Financial Discussion board 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. REUTERS/Sergei Karpukhin
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Sept 19 (Reuters) – Lebanon will take over Russian agency Novatek’s (NVTK.MM) 20% stake in exploration and manufacturing agreements for Lebanese offshore blocks 4 and 9 within the Mediterranean sea, Lebanese state information company (NNA) reported, citing the power minister.
The Lebanese choice comes after Novatek exited the agreements, the NNA report added.
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Reporting by Alaa Swilam
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