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OAO Yamal SPG project site. [File photo]

No 9: China National Petroleum Corp acquired 20 percent of OAO Yamal SPG

China's State-owned enterprise China National Petroleum Corp (CNPC) acquired a 20 percent stake in OAO Yamal SPG, a Yar-Sale-based oil and gas exploration and production company from OAO Novatek, for $1.11 billion. OAO Novatek is Russia's largest independent natural gas producer, and the country's second-largest gas produce.

Acquirer: China National Petroleum Corp

Target: OAO Yamal SPG

Value: $1.11 billion

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