News & Insights

Cases & Deals

November 3, 2015

King & Spalding Advises SIBUR Holding on the Sale of a Marine Terminal in Ust-Luga


NEW YORK, Nov. 3, 2015 — King & Spalding advised SIBUR Holding, Russia’s largest integrated gas processing and petrochemicals company, on the sale of its stake in a Russian liquefied petroleum gas (LPG) and light oil products transshipment terminal to a consortium comprising the Russian Direct Investment Fund (RDIF), Gazprombank and leading international investors.  The terminal, owned by petrochemical company SIBUR, transships liquefied petroleum gas (LPG) and light oil products. The consortium has acquired 100% of the terminal, one of the most advanced port infrastructure facilities on the Baltic Sea.

King & Spalding partner Jennifer Josefson in Moscow led the team that worked on the project for over a year and a half.  The team also includes Moscow-based associates Xenia Melkova, Alexandra Rotar, and Ivan Davydov.  Additional assistance were provided by Singapore senior associates Ji Nin Loh, Sylvia Taslim and David Phua.

About King & Spalding
Celebrating more than 130 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 900 lawyers in 18 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, uncompromising commitment to quality, and dedication to understanding the business and culture of its clients. More information is available at www.kslaw.com.