Russian company RussNeft is going to enter Slovakian market and buy 49% of Slovakian Transport Company Transpetrol from Yukos, a major Russia’s oil concern, lawtek.ru reported.
RussNeft President Mikhail Gutseriev discussed the matter yesterday at a meeting with Slovakia’s economics minister.
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.
