MOSCOW, Oct. 6 – The Anglo-Dutch oil company Shell has shown interest in buying the gas assets of Britain's Regal Petroleum in Ukraine, according to The Financial Times.

According to a source close to Shell, the company has made a takeover proposal to Regal Petroleum at around 300 pence per share, assessing the company at GBP 680 or $1.2 billion, which is 3.5 times more that its market value. The proposal is to be considered by Oct. 20.