Neft-Aktiv Wins Auction for Lot 11 of YUKOS Assets
OREANDA-NEWS. On May 10, 2007, LLC Neft-Aktiv, a 100% held indirect subsidiary of Rosneft, was declared the winner of an auction for Lot 11 of the YUKOS assets being sold in connection with the company?s bankruptcy proceedings.
After an opening price of RUR 154,090,729,276, Neft-Aktiv offered the winning bid of RUR 165,530,729,276.
- Lot 11 consists of stakes in 28 enterprises, the most material of which include:
- 100% of Samaraneftegaz
- 100% of Kuibyshev Refinery
- 100% of Novokuibyshev Refinery
- 100% of Syzran Refinery
- 100% stake in Novokuibyshev Oils and Additives Plant
Various stakes in a group of gas refining and oil product marketing companies that have refining capabilities, networks of service stations and tank farms located throughout Russia's Central Federal District. These include the Neftegorsk Gas Processing Plant (98.1%), Otradnoye Gas Processing Plant (98.1%), Samaranefteprodukt (100%) and the Samara Terminal (100%).
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