Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

British Oil Company Looking for New Owner
10.02.2013 23:01
British Oil Company Looking for New Owner
Photo Credit:

Vostok Energy is looking for a new owner, with TNK-BP and Evrokhim being the most likely buyers.

According to Kommersant daily, the British gas company is now in talks with several potential owners.

Vostok Energy's assets include several natural gas deposits in the Saratov Region, with gas and condensate reserves estimated at 10 billion cubic meters and 2.2 million tons respectively.

With the price of the deal standing at $300 million, TNK-BP will need an approval of Rosneft, which could be not an easy job in view of the gigantic cash payments the Russian state-owned company will have to make to BP and AAR, the two major shareholders of TNK-BP.

Author: Mikhail Vesely

Tags: Vostok Energy Rosneft TNK-BP Evrokhim  

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Russian Copper Company  New Year  Exhibitions in Moscow  Suzdal  Mercedes-Benz Fashion Week Russia  Russian tourism  Yury Kuklachev  Boris Grebenshchikov  Resources  Crimea  Monuments in Moscow  NATO  St.Petersburg  Russian Film Directors  St. Petersburg  Russian social networks  Kunstkamera Museum  Russian scientists  Flying Saucer  Organ Music  Russian economy  tourism  Kseniya Boguslavskaya  Russian Classics  Elbrus  Alyosha Dmitrievich  Murmansk Region  Eliseevsky Shop  Vyacheslav Chebotar  Kanopus-ST  Russian Metro  Russian business  Tula  Russian Traditions  Russian national team  Sergei Prokudin-Gorsky  Heroism   Moscow  environment  Sochi Pedestrian Bridge  Moscow Museums of Contemporary Art  business  Tver  politics  Russian Cinema  Russian science  Days of Ethnic Cultures  Numismatics  Pharmacy  Russian businessmen 

Travel Blogs
Top Traveling Sites