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    Reuters: Fridman UK Gas Deal in Limbo for Weeks Awaiting New Government

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Summary

A thus far blocked deal between Russian oligarch Mikhail Fridman's LetterOne and RWE Dea is stuck in limbo while the UK elects a new goverment

by: Erica Mills

Posted in:

Press Notes

Reuters: Fridman UK Gas Deal in Limbo for Weeks Awaiting New Government

Russian oligarch Mikhail Fridman's battle to salvage his North Sea gas fields purchase will take weeks if not months to resolve as the British cabinet has left it for the next government to take the decision, sources said.

Sources familiar with the discussions said the extent of the delay would depend on the outcome of the general election in May.