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Russneft Denies Direct Buyout of Yukos Assets
The reports of certain media about Russneft’s alleged acquisition of assets from Yukos don’t correspond to reality, Interfax announced July 25 with reference to Russneft statement.
Tomskneftegazgeologia, for instance, was bought out not from Yukos but from the principal owner of the company, State Duma’s deputy Korobov. “Former owners of the enterprise have never been of interested to Russneft and are of no interest now,” the company announced.
By request of Alexander Ryazanov, then the chief of Gazprom Neft, Russneft halted in favor of that company in 2006 any and all negotiations for acquiring Slovakian Transpetrol.
Russneft also announced that Geoilbent had never been its part and the company had never negotiated its purchase.
The 50-percent in Zapadno Malobalykskoe Co. (ZMB) was bought out from western holders and under the written sanction of another holder, MOL, Russneft specified.
In 2005, however, MOL representatives claimed that Yukos sold its 50-percent in ZMB to four companies, including Aleria Management Inc., Clermon Systems Inc., Bremon Solutions Ltd. and SW Solution Inc. The news release of MOL specified Russneft intention to purchase the above stakes in ZMB from MOL’s new partners. Yukos and Russneft denied the information.
But the report of TsDU TEK showed that Russneft had been consolidating ZMB production since July 2005.
Previously, the media reported that Broadwood Trading & Investments acquired 34 percent in Geoilbent from Yukos. Russneft has never declared any affiliation with Broadwood Trading, but the managers of LUKOIL said off-the-record they were negotiating the purchase exactly with Russneft. Afterwards LUKOIL bought out the stake in Geoilbent.
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