OREANDA-NEWS. On June 26, 2007 Rosneft announced that its 100% held indirect subsidiary LLC Neft-Aktiv has agreed with LLC Unitex to purchase oil product retail distribution and related infrastructure assets in European and Southern Russia. According to the agreement Neft-Aktiv has paid RUB 16 324 million to Unitex for entities with a total of 495 retail stations and neighboring product terminals, reported the press-centre of Rosneft.

Neft-Aktiv has also agreed to pay RUB 4 900 million for Lot 9 of the YUKOS assets, which includes over 100 retail stations in Southern Russia including 100% of Stavropolnefteprodukt and other assets.

The retail and small wholesale oil product marketing entities in European Russia acquired from Unitex include:

Belgorodnefteprodukt and Belgorod Terminal

Bryansknefteprodukt and Bryansk Terminal M

Voronezhnefteprodukt and Voronezh Terminal

Lipetsknefteprodukt and Lipetsk Terminal M

Orelnefteprodukt and Prioksky Terminal

Penzanefteprodukt and Penza Terminal

Tambovnefteprodukt and Tambov Terminal

Ulyanovsknefteprodukt and Ulyanovsk Terminal

Kedr-M, Yu-Tver, NBA-Servis, Kontrakt Oil, Germes-Moskva and MTK (in Moscow, the Moscow Region and the Tver Region)

YUKOS-Ladoga (in St. Petersburg) and YUKOS-Petroleum

Lot 9 includes stakes in the following 8 enterprises:

100% of OJSC Stavropolnefteproduct;

51% of LLC Yu-Kuban;

26б26% of OJSC Kuban Generation Company, OJSC Kuban Electricity Distribution Company, OJSC Kuban Transmission Company, and OJSC Kubanenergo;

100% of LLC Val Shatskogo;

49б892% of LLC Caspian Oil Company.

The acquisition of these enterprises will enable Rosneft to become a leader in the growing and attractive oil products retail market in Russia, providing further benefits of vertical integration and improved financial and operating performance.