TNK-BP and "Rusneft" has come to agreement on the sale of "Saratovneftegas". The amount of transaction is expected to constitute $600 million, and it will be bought in by the end of the year. Mineable reserves constitute 25, 1 million tons. Annual production is 1,6 million tons. According to unaccredited source, "Rusneft" is likely to buy Orsk refinery and "Udmurtneft". The companies don`t comment the transaction with "Saratovneftegas". The TNK-BP`s intention to sell its affiliates, "Udmurtneft", "Saratovneftegas", Orsk refinery and sales company "Orenburgnefteproduct" has been announced in September by TNK-BP President Robert Dudley. Total TNK-BP assets to be sold constitute 2,5-$2,7 billion, their production being 10% of total production of TNK-BP. On experts opinion, NK-BP sells the enterprises in the Russian Central region to focus on the fields of West Siberia.
sections: Economics, Region News regions: Siberian region, Central region |