OREANDA-NEWS. Alliance Oil continues to expand its downstream marketing operations in the Russian Far East and has acquired approximately 75.5% of the shares in OJSC “Kamchatnefteproduct” and 100% of the shares in LLC “Solnechniy Veter”. Kamchatnefteproduct has two oil product terminals and 18 gas stations and Solnechniy Veter owns an aircraft fueling station located on the Kamchatka peninsula.

The transaction has been approved by the Russian Federal Antimonopoly Commission.

Alliance Oil Company Ltd is a leading independent oil and gas company with vertically integrated operations in Russia and Kazakhstan. Alliance Oil has substantial oil and gas reserves and downstream operations that include the Khabarovsk refinery and the l