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Hunton & Williams Advises Gazprom on Purchase.


LONDON -- Leading US law firm Hunton & Williams has advised Gazprom Marketing & Trading Limited (a subsidiary of OAO OAO Orbiting Astronomical Observatory
OAO Over and Out
OAO One And Only
OAO Ontario Association of Orthodontists
OAO Owned and Operated
OAO Ontario Association of Optometrists
OAO Opticians Association of Ohio
OAO Orthogonalized Atomic Orbital
 Gazprom, the world's largest producer of natural gas, accounting for 20 per cent of global production) on its purchase of an interest in Natural Gas Shipping Services Limited (NGSS NGSS Northrop Grumman Ship Systems
NGSS Next Generation Security Software
NGSS Next Generation Satellite Systems
NGSS Next Generation Surveillance System
NGSS Next-Generation Switching Silicon
NGSS Now Go Sell Something
NGSS Next Generation SONET/SDH
).

As part of the deal, Gazprom also negotiated the transfer of over 600 industrial and commercial end user customers from Pennine Natural Gas Limited and agreed to the terms on which NGSS will assist Gazprom to develop and administer its retail gas supply business in the UK.

This deal represents the beginning of Gazprom's strategy of moving into downstream gas and power markets in the UK and continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. .

Hunton & Williams has established a successful domestic and continental European energy practice representing several major energy companies and investment banks The following is a list of investment banks Financial conglomerates
Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance.
 on a range of trading, structured and M&A transactions. This latest transaction is further proof of the firm's leading position in the market.

The Hunton & Williams team was led by Energy and Project Finance partner Matthew Williams, with assistance from associates Steven Banks Steven Banks is an American musician, comedian, actor, and writer of television cartoons, including SpongeBob SquarePants and The Fairly OddParents. Early life
Banks attended Ringling Brothers and Barnum and Bailey Clown College.
, Ed Humphries, James Green and Ruth Harvey.

Note to editors:

About Hunton & Williams

Founded in 1901, Hunton & Williams is a US law firm with a significant international presence. More than 850 attorneys serve clients in 100 countries from 17 offices around the world. The London office, which was established in 1999, comprises UK qualified solicitors and US lawyers.

Offices of Hunton & Williams

Atlanta * Bangkok * Brussels * Charlotte * Dallas * Knoxville * London * McLean * Miami * New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 * Norfolk * Raleigh * Richmond * Singapore * Washington
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 5, 2006
Words:257
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