Bashneft plans to buy the shares of the company “Ufaorgsintez”

Bashneft plans to buy the shares of the company “Ufaorgsintez”


However, to disclose details, including the timing of the upcoming transaction, the Chairman of the Board of Directors of the company refused.

ABU DHABI, 16 Jan. Yulia Troitskaya. Oil company Bashneft is ready to buy additional shares of the company “Ufaorgsintez”, confirmed the Deputy Minister of energy of the Russian Federation, Chairman of the Board of Directors of Bashneft Alexei Teksler.

Earlier media with reference to sources reported that “Bashneft” is ready to buy 19,04% of shares of “Ufaorgsintez” for 3,55 billion rubles from ZAO “Sistema-invest” (daughter AFK “System”).

“There are such plans,” said Teksler, answering the question of the possibility of such a transaction. However, he refused to disclose details, including the timing of upcoming transactions.

At the same time Teksler noted that the possibility of a sale or transfer of “Ufaorgsintez” after the consolidation of the state Corporation “rostec” “not yet seen”.

The structures of “Bashneft” owns 76,01% of shares of “Ufaorgsintez”, “Sistema-invest” — 19,04%. The representatives of Bashneft mentioned that it is interested in increasing its stake.

In October 2015, the Minister of industry and trade Denis Manturov said that the Ministry supports the idea of buying the state Corporation “rosteh” “Bashneft” “Ufaorgsintez” to become the center of low-tonnage chemistry as part of “Rostec”.