Business

Rosneft To Acquire Bishkek Oil Company

Rosneft is to acquire 100%.

Rosneft
19/02/2014 17:30
Visualizações: 2542 (0) (0) (0) (0)

 

Rosneft President, Chairman of the Management Board Igor Sechin and Bishkek Oil Company CEO Alexander Niyazov signed a framework agreement regarding purchase and sale of the Bishkek Oil Company Group. The document was signed in the presence of Kyrgyz President Almazbek Atambaev and the Chairman of the Russia-Kyrgyzstan Intergovernmental Commission Andrey Belianinov.
According to the Agreement, Rosneft is to acquire 100% in the Bishkek Oil Company Group, one of the leaders of the oil products distribution market in Bishkek. Rosneft will thus acquire a branchy retail network in the Kyrgyz capital, as well as several infrastructure facilities.
Igor Sechin said after signing the agreement: "We are interested in the all-round promotion of the Rosneft brand in the high-potential Kyrgyz market. I believe that this acquisition will allow all Kyrgyz motorists to appreciate the high quality of our fuel, besides setting new high standards of operation and additional services offered at our filling stations."

Rosneft President, Chairman of the Management Board Igor Sechin and Bishkek Oil Company CEO Alexander Niyazov signed a framework agreement regarding purchase and sale of the Bishkek Oil Company Group. The document was signed in the presence of Kyrgyz President Almazbek Atambaev and the Chairman of the Russia-Kyrgyzstan Intergovernmental Commission Andrey Belianinov.


According to the Agreement, Rosneft is to acquire 100% in the Bishkek Oil Company Group, one of the leaders of the oil products distribution market in Bishkek. Rosneft will thus acquire a branchy retail network in the Kyrgyz capital, as well as several infrastructure facilities.


Igor Sechin said after signing the agreement: "We are interested in the all-round promotion of the Rosneft brand in the high-potential Kyrgyz market. I believe that this acquisition will allow all Kyrgyz motorists to appreciate the high quality of our fuel, besides setting new high standards of operation and additional services offered at our filling stations."

 

Most Read Today
see see
Natural Gas
ANP Approves Action Plan on Gas Pipeline Transportation ...
07/11/25
ADIPEC 2025
AI is no longer a side project: Technology leaders at AD...
05/11/25
Environment
ANP Holds Workshop on Methane Emissions in Partnership w...
05/11/25
International Event
International Energy Event Opens Registration for Activities
05/11/25
RD&I
Norway and Brazil Launch New Joint Research Funding Call...
05/11/25
Partnership
DeepOcean and Jana Marine enter Saudi Arabia subsea part...
04/11/25
ADIPEC 2025
ADIPEC 2025: Industry calls for policy pragmatism, embra...
04/11/25
ADIPEC 2025
Johnson Matthey: Leadership and Innovation Driving the G...
31/10/25
OTC Brasil 2025
OTC Brazil connects the Equatorial Margin’s potential to...
30/10/25
OTC Brasil 2025
New Version of ANP’s Greenhouse Gas Emissions Dynamic Da...
30/10/25
OTC Brasil 2025
Port of Açu and IKM Advance Partnership to Create Brazil...
30/10/25
OTC Brasil 2025
Port of Açu and SISTAC Sign Agreement to Provide Decommi...
29/10/25
Royalties
Royalties from August Production Distributed to States a...
29/10/25
OTC Brasil 2025
iUP Innovation Connections Links Innovation Strategy to ...
29/10/25
ANP
Permanent Production Sharing Offer: Registered Companies...
29/10/25
OTC Brasil 2025
Firjan Showcases Technology and Innovation Solutions for...
29/10/25
OTC Brasil 2025
O&G exploration is key to social development and a just ...
28/10/25
OTC Brasil 2025
Experts warn regulatory instability threatens US$100 bil...
28/10/25
International Company News
Sercel Awarded Major Contract by ONGC to Supply Sercel 5...
28/10/25
Record
Petrobras announces production record of FPSO Almirante ...
28/10/25
OTC Brasil 2025
Event brings together global offshore industry leaders a...
28/10/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.