Far East | Materials, extraction

ALROSA sells oil assets in Yakutia, expects $600-700m

6 Feb '09
Diamond producer ALROSA is selling its hydrocarbon assets at the Beregovoye field and in Irelyakhneft in Yakutia for an expected $600-700m, company president Sergei Vybornov announced.

News agency REGNUM reported today, citing a local news provider, SakhaNews, that ALROSA was currently in talks with a potential buyer over terms of a deal.
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