The management of “Rosneft” intends to return some of the assets of “Bashneft” acquired last fall. About it as transfers “Interfax”, said on Thursday the head of the company Igor Sechin.
According to him, the purchase of “Bashneft” has brought “Rosneft” tangible synergy, the company is working to reduce costs in the acquired asset.
Sechin recalled that the company has managed to bring the once were part of the “Banette” service asset “Chagrin” which “brought out of “Bashneft” previous owners”. “Back on favorable terms. Working on the return of a number of assets,” he said.
Rosneft has closed the acquisition of 50.08% of Bashneft in October 2016 . The amount of the transaction amounted to 329 690 million rubles.
In December, Rosneft closed the deal to buy “Tangina” from Sistema for RUB 4.1 bn. After buying “Talina” fleet “Rosneft” has grown on 19%, while the number of crews on repair of wells is 30%, then reported the oil company.
From 2005 to 2014 “Bashneft” was part of the AFK “System” Vladimir Yevtushenkov, after which he was returned to state ownership. In 2016 50,1% of shares of “Bashneft” bought “Rosneft”, paying for a package of 329.7 billion. Later, after the offer to minority shareholders, “Rosneft” began to control 57.7% of the share capital of “Bashneft”.
In 2013, Sistema bought Bashneft’s oilfield service assets, later merged into the company Targin. The head of “Rosneft” Igor Sechin after the purchase of the controlling stake of “Bashneft” declared that from this company over 4 billion rubles was withdrawn assets, the cost of which was estimated at 8 billion rubles. In response, the representative of AFK “System” declared that service assets from Bashneft was acquired at a market price determined by an independent appraiser.