RussNeft has come to an agreement in principle with the shareholders of ‘Krasnodar Oil Refinery – Krasnodarekoneft’ ZAO on acquisition of 75% stake at the refinery. With effect from January 2006 RussNeft will assume responsibility and operational control of the refinery, the company said in a statement.
Aganneftegazgeologia, a subsidiary of company RussNeft, again won a victory in the 2005 Business Leader of Yugra Contest having been nominated the Best Small-Scale Enterprise of the Fuel and Energy Complex.
RussNeft, actively acquiring interior assets during the whole of the last year, has been strongly approved by the government as a candidate for buying out Yukos’ share in Slovak company Transpetrol.
The government of RF is going to back up RussNeft OAO if 49% stake of Slovak Pipeline Company Transpetrol possessed by Yukos is offered for sale, of this was announced today by Andrey Sharonov, chief secretary and deputy minister of the Economic Development Ministry.