Northgas

ZAO Northgas (Russian: ЗАО Нортгаз) is a natural gas-producing company in Russia.

According to DeGolyer and MacNaughton, it controls a total reserves of 368 billion cubic metres of natural gas.

[2] The company was controlled by Gazprom through its subsidiary Urengoygazprom, which owned a 51% stake in Northgas.

[1] In January 2011, a Russian power producer Inter RAO announced that it will acquire REDI, which holds 49% take in Northgas for US$1.5 billion.

Inter RAO made similar offer to Gazprom to acquire a full control of the company.