MOSCOW, July 21 (Reuters) - Russian oil producer Gazprom
Neft on Tuesday said it had signed an agreement with
Shell to establish a joint venture to develop a
large-scale hydrocarbon cluster on the Gydan peninsula in
Siberia.
The deal is scheduled to close in 2020, Gazprom Neft said,
after which both partners will have a 50% share in the venture.
(Reporting by Maxim Rodionov and Anton Kolodyazhnyy; Writing by
Alexander Marrow; editing by Louise Heavens)